Lsb industries announces stock repurchase program authorization of up to $150 million

Oklahoma city--(business wire)--lsb industries, inc. (“lsb” or “the company”), (nyse: lxu), today announced that its board of directors has authorized a stock repurchase program. under the repurchase program, lsb industries may repurchase up to $150 million of its outstanding common stock through the duration of the authorization. “we believe our stock is currently undervalued and this authorization gives us the ability to opportunistically buy shares of what we view as an attractive investment.
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