FCStone Group (FCSX) Board of Directors Authorizes $20 Million Stock Buyback Program
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FCStone Group (Nasdaq: FCSX) announced that its board of directors has authorized the repurchase of up to $20 million of its outstanding common stock from time to time during the next 90 days in open market purchases and private transactions as permitted by securities laws and other legal requirements and subject to factors such as market price, the Company's operating results and available cash, general economic and market conditions, and other considerations the company deems prudent.
FCStone Group, Inc., along with its affiliates, is an integrated commodity risk management company providing risk management consulting and transaction execution services to commercial commodity intermediaries, end-users and producers.
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