According to PR News, the parts supplier Lear Group recently announced that the company will increase the amount of repurchased shares, the total value increased to 700 million US dollars, the repurchase of stock projects will still expire on February 16, 2014.



It is reported that on February 17, 2011, Lear Group had announced the repurchase of the company’s stock worth US$400 million, which will expire on February 16, 2014. As of the end of 2011, Lear has completed the repurchase of 279 million US dollars in stocks.

â–  About Lear
Founded in Detroit in 1917, Lear Corporation, headquartered in Michigan, USA, is the world's fifth-largest supplier of automotive parts and has 330 branch offices in 32 countries. The company focuses on the design, manufacture and integration of automotive seating systems, dashboards, door panels, roof top systems, car carpets and sound systems, electronics and power distribution systems.

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