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Strategies & Market Trends : Value Investing
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To: Mattyice who wrote (54349)12/15/2014 9:01:21 AM
From: E_K_S1 Recommendation

Recommended By
Mattyice

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AGCO Corporation (AGCO)

AGCO Announces New $500 Million Share Repurchase Program
AGCO, Your Agriculture Company, (AGCO), a worldwide manufacturer and distributor of agricultural equipment, today announced that its Board of Directors has authorized a share repurchase program of up to $500 million of the Company’s common stock. The latest authorization is in addition to any previously authorized share repurchases and is effective through December 31, 2016. Share repurchases may be made by the Company from time to time in open market transactions at prevailing market prices or in privately negotiated transactions.
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No position yet but getting closer to my Buy point at/below $40.00/share. Global growth still small but I am looking at India as AGCO has big exposure there.

EKS
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