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Article: TXU Corp. Updates Financial and Growth Strategies.
- Article from:
- PR Newswire
- Article date:
- November 7, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Board Declares Increased Dividend and Approves Stock Split and Share Repurchases
Highlights:
Growth Strategy
- TXU Corp.'s growth strategy includes a comprehensive plan to drive operational improvements, fund core business development opportunities, and explore targeted value-creating transactions.
Stock Split
- TXU Corp.'s board of directors declared a two-for-one stock split in the form of a 100 percent stock dividend. Unless noted, all per share amounts in this release are on a diluted, post-split basis.
Financial Outlook