MRC Global Authorizes $125M Worth of Share Buyback Program

MRC Global Inc. (MRC) recently announced rewards for shareholders in the form of share buyback authorization. We believe that the repurchase program is in sync with its commitment to rewarding shareholders handsomely.Under the buyback program, MRC Global has been authorized by its board of directors to repurchase up to $125 million worth of shares. Subject to market conditions and other factors, the buyback can be carried out in the open market or through privately negotiated transactions, including under S ...