. the company reinitiated our share repurchase activity in the first quarter of 2013 . we anticipate spending between $ 500 million and $ 750 million for share repurchases during 2013 . we can repurchase nearly 8 million shares under the current authorization from the board of directors . in september 2012 , ppg entered into a five-year credit agreement ( the "credit agreement" ) with several banks and financial institutions as further discussed in note 8 , "debt and bank credit agreements and leases"