Covanta Holding Corporation's board authorises repurchase of USD30m common stock

Tue. September 23, 2008; Posted: 11:13 AM

Sep 23, 2008 (M2 EQUITYBITES via COMTEX) -- CVA | Quote | Chart | News | PowerRating -- The board of directors of Covanta Holding Corporation (NYSE: CVA), a company that provides waste and energy services, authorised yesterday (22 September) the repurchase of the company's common stock, up to USD30m. This will enable the company to respond to the present market conditions, the board decided. The purchases will be made by Covanta periodically through privately negotiated transactions with non-affiliated stockholders or through brokers and dealers in open market.

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For full details on Covanta Holding Corp (CVA) click here. Covanta Holding Corp (CVA) has Short Term PowerRatings of 6. Details on Covanta Holding Corp (CVA) Short Term PowerRatings is available at This Link.

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