Fastenal (FAST) Approves 1 Million Share Buyback

July 10, 2008 4:58 PM EDT

Fastenal Company (Nasdaq: FAST) has authorized purchases by the company of up to an additional 1,000,000 shares of its common stock in transactions on THE NASDAQ or otherwise (over and above previously authorized amounts). Fastenal Company has approximately 149 million shares of common stock outstanding.

Fastenal Company (Fastenal) sells industrial and construction supplies in a wholesale and retail fashion. [SM]


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