Cummins Inc. board of directors has authorized the company to repurchase up to $2 billion shares of common stock upon completion of its 2018 $2 billion share repurchase program, according to a company announcement made Tuesday.
“The latest share repurchase program reinforces our commitment to delivering strong returns to shareholders and reflects our confidence in our long-term performance,” said Tom Linebarger, Cummins chairman and chief executive officer.
