Shares of E I Du Pont De Nemours (DD), better known as DuPont, rose more than 2% in after hours trading on Tuesday. The diversified agricultural, electronics and communication, chemical and industrial bioscience firm held a good news show for investors after the market close.
Good News
DuPont confirmed its full year outlook for the year of 2012 and issued an upbeat outlook for the coming year. At the same time, the board of directors announced a sizable $1 billion share repurchase program.
For the full year of 2012, DuPont expects earnings per share to come in at the high end of the previously guided range of $3.25-$3.30 per diluted share.
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