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Re: DewDiligence post# 3304

Monday, 08/15/2011 6:04:00 PM

Monday, August 15, 2011 6:04:00 PM

Post# of 30503
CLF’s BoD authorizes new 4M-share buyback:

http://finance.yahoo.com/news/Cliffs-Natural-Resources-Inc-prnews-3938889567.html?x=0&.v=1

If fully implemented, the buyback will reduce the number of shares outstanding by about 3%. The buyback authorization runs through 12/31/12.

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