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Monday May 22, 4:05 pm ET
Transactions Executed Under Recently Expanded $400 Million Share Repurchase Plan
SAN MATEO, Calif., May 22 /PRNewswire-FirstCall/ -- Con-way Inc. (NYSE: CNW - News) announced today the buyback of 3.75 million shares of common stock, representing 7.2 percent of the Company's total shares outstanding, in private transactions valued at approximately $221 million. Con-way acquired the shares under its previously announced $400 million share repurchase program, which was authorized by the company's Board last month.
http://biz.yahoo.com/prnews/060522/sfm026a.html?.v=1