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Fortune Brands Announces $300 Million Share Repurchase Authorization

Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced its Board of Directors has authorized the repurchase of up to $300 million of shares of the Company's common stock over the next two years on the open market or in privately negotiated transactions in accordance with applicable securities laws.The purchases, if made, will occur from time to time depending on market conditions.

The Company also has approximately $196 mi

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