Praxair Inc. (NYSE:PX) announces a share repurchase program. Under the program, Praxair will repurchase up to $1,500 million worth of its shares. The repurchases may take place from time to time on the open market which may include the use of 10b5-1 trading plans or through negotiated transactions, subject to market and business conditions.

The repurchases will be financed by available cash and debt. The program does not have any stated expiration date.