Aug 07, 2007. /Lesprom Network/. Rock-Tenn Company announced on August 6, 2007 that its senior credit facility, dated as of June 6, 2005, has been amended to increase the limit on cash repurchases of the company's common stock to $100,000,000 during any fiscal year, so long as such repurchases do not cause the company's leverage ratio to exceed 3.25:1.00. At June 30, 2007, the company's leverage ratio was 2.60:1.00. Prior to this amendment, the senior credit facility limited the company to stock repurchases of 200,000 shares in any fiscal year. The company's board of directors previously approved a stock repurchase plan that allows for the repurchase from time to time of shares of common stock over an indefinite period of time. As of June 30, 2007, the company had 2,033,000 shares of common stock available for repurchase under this plan. Rock-Tenn Company provides a wide range of marketing and packaging solutions to consumer products companies at low costs, with annual net sales of approximately $2.3 billion and operating locations in the United States, Canada, Mexico, Argentina and Chile. The company is one of North America's leading manufacturers of packaging products, merchandising displays and bleached and recycled paperboard.