Church & Dwight enters pre-arranged stock repurchase plan, will repurchase shares of its common stock as part of its previously announced US$300M repurchase authorization
Michelle Rivera
PRINCETON, New Jersey
,
September 27, 2011
(press release)
–
Church & Dwight, Co. Inc., (NYSE:CHD) announced today that the Company has entered into a pre-arranged stock repurchase plan under which it will repurchase shares of its common stock as part of the Company's previously announced $300 million repurchase authorization. The stock repurchase plan will operate in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934. Accordingly, transactions, if any, will be effected in accordance with the terms of the stock repurchase plan, including specified price, volume and timing conditions. The shares that may be purchased under the stock repurchase plan will be applied against the amount previously authorized by the Company's Board of Directors on August 3, 2011.
About Church & Dwight
Church & Dwight Co., Inc. manufactures and markets a wide range of personal care, household and specialty products under the Arm & Hammer brand name and other well-known trademarks.
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