Caterpillar Announces Completion of $7.5B Repurchase Authorization with $1.7B Accelerated Stock Repurchase Transaction

Caterpillar Inc. (NYSE: CAT ) today announced it has entered into a definitive agreement with Citibank, N.A. to purchase approximately $1.7 billion of its common stock under an accelerated stock repurchase transaction. This repurchase is in addition to the $2 billion of stock repurchased in 2013. "The strength of