Tufco Technologies (TFC) Announces Increases and Extends Stock Buyback By 100k Shares
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Tufco Technologies, Inc. (Nasdaq: TFCO) announced that its Board has approved an extension of its February 2008 stock repurchase program through September 2009 and an increase in the number of shares from 200,000 to 300,000. The program calls for open market stock repurchases at prevailing market prices. The Board concluded that the Company's cash and debt position would enable these purchases without impairment to the Company's capital.
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Tufco, headquartered in Green Bay, Wisconsin, has manufacturing operations in Wisconsin and North Carolina.
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