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Slideshow Stock Buybacks

By The Online Investor Staff, updated Fri., Oct. 24, 4:28 PM

Slide #2. Celanese Corporation

Company: Celanese Corporation (NYSE:CE)
$Amount Authorized: $500,000,000
Buyback Details: Celanese Corporation (NYSE:CE), a global technology and specialty materials company, today announced that the company's board of directors increased its share repurchase authorization to $500 million. As of September 30, 2014, the company had $199 million remaining under its previous authorizations. The authorization gives management discretion in determining the timing and conditions under which shares may be repurchased.

Celanese is a technology and specialty materials company that engineers and manufactures a variety of products for everyday living. Co. is a producer of engineered polymers and acetyl products. Co.'s product portfolio serves a range of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filter media, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Co. operates principally through four business segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates.
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Company Name:  Celanese Corp (DE)
Website:  www.celanese.com
Sector:  Specialty Chemicals
Number of ETFs Holding CE:  49
Total Market Value Held by ETFs:  $225.98M
Total Market Capitalization:  $8.81B
% of Market Cap. Held by ETFs:  2.56%
 

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October 24, 2014    4:28 PM Eastern
Quotes delayed 20 minutes



Buy (2.85 out of 4)
33rd percentile
(ranked lower than approx. 67% of all stocks covered)
Based on Zacks ABR data;
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