Brink's ( BCO) plans a 10 million share self-tender.

The tender price range will be $47.50 to $52.50 per share. The tender offer is expected to begin Thursday and expire on April 6.

Under terms of a Dutch auction tender offer, shareholders are given an opportunity to specify prices, within a stated price range, at which they are willing to tender shares. Upon receipt of the tenders, Brink's will select a final price that enables it to purchase up to the stated amount of shares from those shareholders who agreed to sell at or below the company- selected price.

This story was created through a joint venture between TheStreet.com and IRIS.

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