BRIEF-TPG Pace Holdings units open at $10.20 in debut on NYSE
* TPG Pace Holdings Corp units open at $10.20 in debut on NYSE versus IPO price of $10.00 per unit Further company coverage:
Nov 16 Specialty truckmaker Oshkosh Corp , which last month rejected a takeover bid from activist shareholder Carl Icahn, on Friday said it increased its share repurchase program to 11 million shares from a previously announced 7.2 million.
The new amount represents about 12 percent of the company's outstanding shares.
Oshkosh also said it plans to step up the pace of repurchases. It plans to buy up to $300 million of shares over the next 12 to 18 months, starting with at least $75 million over the next three months.
Since July, when it said it would repurchase 7.2 million shares, it has bought about 550,000 shares valued at about $13.4 million.
The company plans to fund the purchases with cash on hand and expected cash flow from operations.
Oshkosh shares were up 0.8 percent in mid-morning trading at $27.30 on the New York Stock Exchange.
WASHINGTON, June 28 U.S. securities regulators on Wednesday filed civil accounting fraud charges against Canada-based oil and gas company Penn West Petroleum Ltd and several of its former top finance executives.