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GenTek suspends buyback program

By Associated Press
May 19, 2008 | Comments (0)

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GenTek Inc., which makes chemical and industrial products, said Monday it was suspending its share repurchase program.

In August the Parsippany, N.J.-based company said it would spend up to $30 million on the repurchase program. To date, the company bought back 347,460 shares.

Shares rose 4 cents to $29.65 during afternoon trading.

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