Date: October 28, 2003
Source: News Room
Republic Services, Inc. (NYSE: RSG) will conduct the repurchase of up to $200 million of its common stock in 2004, and an additional $25 million for the remainder of 2003, from $150 million to $175 million. Since the inception of the share repurchase program in July 2000, Republic has repurchased approximately 23.6 million shares of its common stock, for approximately $435.6 million. The company has also reported net income of $44.7 million, or 28 cents per share, for the quarter ended September 30, 2003, versus net income of $62.2 million, or 38 cents per share, for the comparable period last year.
More information: www.republicservices.com.
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