Jeremiah J. Sheehan provided a status report on the strategic planning and analysis process Reynolds has undertaken involving management, the board of directors and investment bankers. We believe our industry is moving toward global consolidation, and we plan to participate in the process. Ideally, we would like to be able to leverage our strengths in both aluminum and packaging on a global basis. I cannot and will not comment on specific opportunities we envision or specific prospects for discussions. The types of transactions I'm talking about are complex and difficult to pull off and are not negotiated in public.
Timing is also a difficult issue to address.
Having just completed a number of significant asset sales, we are well experienced with the many things that can affect the timing of the best laid plans. We now expect to proceed with those share repurchases during the next few months, subject to any legal or financial considerations that may arise. Statements in this news release concerning future expectations constitute forward-looking statements. Such statements involve a number of risks and uncertainties. Search Compatible with HTML 3.2 and Browsers version 3.0 and above.