United Rentals Extends Stock Repurchase

May 28, 2002
Greenwich, Conn.-based United Rentals last week announced that its board of directors extended until May 22, 2003 the company’s program to repurchase

Greenwich, Conn.-based United Rentals last week announced that its board of directors extended until May 22, 2003 the company’s program to repurchase up to $200 million of its common stock and convertible securities in open market and privately negotiated transactions.

The company has paid $98.3 million to repurchase its securities since the program's inception in May 2000. The program may be suspended or discontinued at any time.

United Rentals is No. 1 on the RER 100.