Exhibit 99.1
![]() | Press Release | |
601 Jefferson Street Ÿ Houston, TX 77002 Ÿ 713-753-3011 |
FOR IMMEDIATE RELEASE | Contact: | Rob Kukla, Jr. | ||
September 03, 2008 | Director, Investor Relations | |||
713-753-5082 | ||||
investors@kbr.com | ||||
Heather Browne | ||||
Director, Communications | ||||
713-753-3775 | ||||
heather.browne@kbr.com |
KBR ANNOUNCES COMPLETION OF SHARE REPURCHASE PROGRAM
HOUSTON, Texas - KBR (NYSE:KBR) today completed the company’s first share repurchase program. On August 6, 2008, KBR announced that its Board of Directors authorized a program to repurchase up to five percent of its outstanding common shares. Since the announcement, the company has repurchased a total of 8.4 million shares at an average price of $23.35 per share.
KBR is a global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream and Ventures business segments. For more information, visit www.kbr.com.