Axalta coating systems announces $625 million increase to its share repurchase program authorization

Philadelphia, april 21, 2021 /prnewswire/ -- axalta (nyse: axta), a leading global coatings company, today announced that its board of directors authorized an increase in its common share repurchase program of $625 million, bringing the total size of the program to $1.3 billion, of which axalta has already purchased approximately $500 million. axalta expects that share repurchases will continue to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws, regulations and approvals.
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