WABCO HOLDINGS INC. (NYSE:WBC) Files An 8-K Other Events
Item8.01.
| Other Events. |
On December 2, 2016, the Board of Directors of WABCO Holdings
Inc. (the Company) authorized the company to enter into an
additional two-year share repurchase program. The board
authorization allows for the repurchase of up to an additional
$600 million of common shares at the discretion of management
from January 1, 2017 through December 31, 2018.
| Item9.01. | Financial Statements and Exhibits. |
(d) Exhibits
The following exhibits are filed or furnished as part of this
report to the extent described in Item8.01.
|
Exhibit No. |
Description of Document |
|
| 99.1 | Press Release dated December 5, 2016 |
INFORMATION CONCERNING FORWARD-LOOKING
STATEMENTS
Comments in this Current Report on Form 8-K and in the exhibit
attached hereto contain certain forward-looking statements, which
are based on managements good faith expectations and beliefs
concerning future developments. Actual results may differ
materially from these expectations as a result of many factors.
These factors include, but are not limited to, the risks and
uncertainties described in the Risk Factors and Information
Concerning Forward-Looking Statements sections of the Companys
Annual Report on Form 10-K, as well as in the Risk Factors and
Managements Discussion and Analysis of Financial Condition and
Results of OperationsInformation Concerning Forward Looking
Statements sections of the Companys Quarterly Reports on Form
10-Q. The Company does not undertake any obligation to update
such forward-looking statements. All market and industry data are
based on Company estimates.
About WABCO HOLDINGS INC. (NYSE:WBC)
WABCO Holdings Inc. is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers. The Company engineers, develops, manufactures and sells systems controlling braking, stability, suspension, transmission automation, as well transmission automation and air management systems for commercial vehicles. It sells its products to truck and bus original equipment manufacturers (OEMs); commercial vehicle aftermarket distributors for replacement parts and services and commercial vehicle fleet operators for management solutions and service; trailer OEMs, and car manufacturers. For passenger cars, including sports utility vehicles (SUVs), the Company supplies products for niche applications. The Company’s products include anti-lock braking systems (ABS), electronic braking systems (EBS), electronic stability control (ESC), brake controls, automated manual transmission systems, air disc brakes and a range of conventional mechanical products. WABCO HOLDINGS INC. (NYSE:WBC) Recent Trading Information
WABCO HOLDINGS INC. (NYSE:WBC) closed its last trading session up +1.34 at 102.36 with 795,210 shares trading hands.
