09:49 AM EST - Resolute Forest Products Inc. : today announced that its board of directors has authorized a $50-million increase to the company's existing share repurchase program. The company is authorized to repurchase additional shares of its outstanding common stock for an aggregate purchase price of up to $83 million under the program, as amended. The program will be funded with cash on hand. Resolute Forest Products Inc.
shares T.RFP are trading up $0.39 at $15.02.