Listen to this story
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThis audio file is brought to you by 
0:00
0:00
Loading audio file, please wait.
Cummins Inc. said Tuesday that its board approved the repurchase of up to $1 billion in stock.
The Columbus-based engine maker said it has nearly completed its previous $1 billion buyback plan authorized in February 2011.
Shares of Cummins rose $2.24, or 2.2 percent, to close at $105.48 each. Over the past year, the stock has traded between $82.20 and $129.51.
Please enable JavaScript to view this content.