Jarden Corp. authorized a new stock repurchase program that would allow the company to repurchase up to US$100 million of its common stock. Acquisitions under the stock repurchase program may be made from time to time on the open market or in privately negotiated transactions at the company's discretion, at prevailing market prices as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. As of Oct. 29, 2007, the company had approximately 77.6 million shares of common stock outstanding.
Jarden Corp. is a leading provider of niche consumer products under brand names including First Alert, Bionaire, Crock-Pot, FoodSaver, Holmes, Mr. Coffee, Oster, Rival, Seal-a-Meal, Sunbeam, and VillaWare.
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