B&W Announces Plan to Increase Near-term Share Repurchase Activity by Up To $50 Million
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it plans to increase the amount of common stock to be repurchased over the next several months to a total of up to $150 million. The Company had previously said it planned to acquire $100 million of common stock before March 31, 2013.
B&W mPower Reactor Control Room Simulator Begins Operations
The Babcock & Wilcox Company (B&W) (NYSE: BWC) is pleased to announce that the production-standard control room prototype for its B&W mPower™ small modular reactor (SMR) is now operational. This engineering simulator is a key milestone in the B&W mPower development program.