CSS Industries, Inc. (CSS) Approves Stock Buyback

July 31, 2012 4:09 PM EDT Send to a Friend
CSS Industries, Inc. (NYSE: CSS) has authorized an additional buy back of up to 500,000 shares of its Common Stock at prices and pursuant to other terms and conditions that the Company's officers deem appropriate. Share repurchases under the program may take place through open market purchases or privately negotiated transactions.

There are 9,595,458 shares of the Company's Common Stock presently outstanding. Any such buy back is subject to compliance with applicable regulatory requirements and relevant covenants in the Company's credit facility.


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