Mueller Industries draws on line of credit to fund stock repurchase

By Tali David

Minneapolis, Sept. 24 - Mueller Industries, Inc. drew under its existing line of credit to fund its common stock share repurchase, according to a press release.

The company also used cash on hand to fund the repurchase, which will occur on Sept. 26.

Mueller Industries is a Memphis-based manufacturer and seller of copper, brass, plastic and aluminum products.

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