Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Fluor Corp., Softbank Corp. and Huntsman Corp. are buying back shares to take advantage of a worldwide market slump they say has made their stocks too cheap.

“We’re in the markets starting today buying back shares,”D. Michael Steuert, chief financial officer of Irving, Texas-based Fluor, said on a conference call today. “At these price levels, we think the company is tremendously undervalued.”

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.