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Shares of Pactiv Corp. increased on Wednesday after the manufacturer of Hefty garbage bags and other packaging products said it is totaling up 10 million shares to its buyback plan. Pactiv announced the move following the closing of the market on Tuesday. The calculation brings the full amount of shares it can buy back to 10.5 million. Repurchased shares will be held by the company and used for general corporate purposes.
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