UPDATE 2-Lear profit tops estimate; $800 million stock buyback set

Newswire

DETROIT, April 25 (Reuters) - Lear Corp posted a stronger-than-expected quarterly profit on Thursday and, under pressure from two shareholders, set an accelerated $800 million stock buyback program. The maker of auto seats and electrical power systems also raised its full-year production forecasts across all regions and affirmed its outlook for 2013 sales. "We were surprised by the magnitude of the upside and particularly encouraged by the margin ...

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