Business Services Industry
Rockwell Automation Board of Directors Approves Additional Stock Repurchase
Business Wire, Dec 6, 2006
MILWAUKEE -- Rockwell Automation, Inc. (NYSE:ROK) today announced that its Board of Directors authorized the company to repurchase up to 3 million additional shares of Rockwell Automation common stock between Dec. 29, 2006 and Dec. 31, 2007. This is in addition to the authorization on Sept. 6, 2006 to repurchase 9 million shares of common stock between Sept. 6, 2006 and Sept. 30, 2007.
Rockwell Automation Inc. (NYSE:ROK) is a leading global provider of industrial automation power, control and information systems and services that help manufacturers achieve a competitive advantage in their businesses. The company brings together leading brands in industrial automation, including Allen-Bradley[R] controls and services, Dodge[R] mechanical power transmission products, Reliance[R] motors and drives, and Rockwell Software factory management software. Headquartered in Milwaukee, Wis., the company employs about 23,000 people serving customers in more than 80 countries.
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