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By The Online Investor Staff, updated Wed., Jul. 29, 3:58 PM

Slide #3. Praxair, Inc.

Company: Praxair, Inc. (NYSE:PX)
$Amount Authorized: $1,500,000,000
Buyback Details: The board of directors has also authorized a new share repurchase program for up to $1.5 billion of Praxair's common stock. Praxair has approximately $500 million of repurchase authority available under its previously announced buyback authorization from January 2014, giving it approximately $2.0 billion available for stock repurchases under these programs.

Praxair is an industrial gases supplier in North and South America, Asia, and Europe. Co.'s primary products for its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). Co. also designs, engineers, and builds equipment that produces industrial gases for internal use and external sale. Co.'s surface technologies segment, operated through its subsidiary, Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.
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Company Name:  Praxair, Inc.
Stock buyback:  PX buyback
Sector:  Specialty Chemicals
Number of ETFs Holding PX:  77
Total Market Value Held by ETFs:  $1.31B
Total Market Capitalization:  $32.24B
% of Market Cap. Held by ETFs:  4.07%

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July 29, 2015    3:58 PM Eastern
Quotes delayed 20 minutes

Buy (2.87 out of 4)
39th percentile
(ranked lower than approx. 61% of all stocks covered)
Based on Zacks ABR data;
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