Skip to main content

Mirant Plans Stock Buyback

The board authorizes a $100 million repurchase.
  • Author:
  • Publish date:



said its board authorized a $100 million share-repurchase program that will run until Sept. 30, 2007.

The energy company plans to buy back stock, as business conditions warrant, on the open market or in negotiated transactions.

Scroll to Continue

TheStreet Recommends

As of Sept. 8, Mirant had about 257 million shares outstanding and roughly $1 billion in cash and short-term investments.