Rockwell Collins Expands Share Repurchase Authorization by $500 Million

  Rockwell Collins Expands Share Repurchase Authorization by $500 Million

Business Wire

CEDAR RAPIDS, Iowa -- February 15, 2013

The Board of Directors of Rockwell Collins (NYSE: COL) recently authorized the
company to purchase an additional $500 million of Rockwell Collins common
stock. With this announcement, the amount of share repurchases authorized
available as of February 7, 2013 was $604 million.

“This additional authorization demonstrates the Board of Directors continued
confidence in our long-term ability to generate cash flow. Consistent with our
capital deployment strategy focused on enhancing shareowner value, we expect
to maintain an active share repurchase program,” said Patrick Allen, senior
vice president and chief financial officer for Rockwell Collins. “This
additional authorization is expected to meet all share repurchase plans for
the balance of fiscal year 2013 and into 2014.”

The timing and total amount of share repurchases will depend upon market
conditions. The repurchases will be made in compliance with, and at such times
as permitted by, federal securities law and may be suspended or discontinued
at any time.

About Rockwell Collins
Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of
innovative communication and aviation electronic solutions for both commercial
and government applications. Our expertise in flight deck avionics, cabin
electronics, mission communications, information management, and simulation
and training is delivered by 19,000 employees, and a global service and
support network that crosses 27 countries. To find out more, please visit


Rockwell Collins
Media Contact:
Pam Tvrdy, 319-295-0591
Investor Contact:
Steve Buesing, 319-295-7575
Press spacebar to pause and continue. Press esc to stop.