Terex extends share repurchase program

Terex has announced the extension of its share repurchase program, under which the company may purchase $500 million of its outstanding shares, in addition to the $166 million already repurchased. The extension also changes the program’s expiration date from June 30, 2008 to June 30, 2009.

Purchases made under the program can be transacted on the open market at the prevailing price or in private transactions.