Linde plc announces that its board has authorized a new share repurchase program for up to $10B of its ordinary shares. The new program will follow the previous $5B share repurchase program that was authorized on January 25, 2021 and has been completed. Under the new program, Linde plc may acquire up to 15% of its currently outstanding 507M shares in the period from March 1, 2022 through and including July 31, 2024. “The purpose of the program shall be to (1) reduce the share capital; (2) meet any obligations arising from debt financial instruments that are exchangeable into equity instruments; and/or (3) meet obligations under Linde plc equity awards,” Linde said in a statement.
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