AES has extended its stock repurchase program, which was about to expire on Dec. 31, 2010, for an unspecified time period, The Wall Street Journal reports. The $500 million program, which was started in July 2010, includes the shares already purchased under the buyback authorization. The company had repurchased about $90 million in November 2010, but the total amount repurchased under the program has not been disclosed. The operator of utilities and wholesale generation businesses current market value is about $9.6 billion.
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