Sealed Air Board Approves Share Buyback Of Up To $1.5 Bln

By Ciara LinnaneMarketWatch Pulse

Sealed Air Corp. said Tuesday its board has approved a share buyback of up to $1.5 billion. The program has no expiration date and replaces a program that has been terminated. Shares of the packaging company were not yet active in premarket trade, but have gained 24.4% in the year so far, while the S&P 500 has gained 2$.

Copyright © 2015 MarketWatch, Inc.

Continue Reading Below