Forbo Could Use Cash for Share Repurchase

Baar, Switzerland, March 22, 2012 — Forbo Holding said it could repurchase as much as 10% of its outstanding shares.

As the result of the sale of its adhesives unit to H.B. Fuller, Forbo said it will have $660 million available for share buybacks and acquisitions.

Shareholders have approved the repurchase as much as 10% of outstanding stock.