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Cummins stock rises after buyback announced

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Columbus-based engine maker Cummins wrapped up a solid Wall Street performance on Friday, parlaying its midweek announcement of a $1 billion stock buyback program into a 4.5 percent gain in stock price for the week.

Cummins' stock closed at $106.29 per share on Friday — up 81 cents on the day and $4.60 for the week — with some analysts suggesting the shares could realistically trade in the $120 to $130 range by the end of next year.

See Saturday's Republic for more details.

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