MOCON, (MOCO) Approves $2 Million Stock Buyback Plan

June 26, 2009 1:01 PM EDT

MOCON, Inc. (Nasdaq: MOCO) has approved a share repurchase program for the company to repurchase up to two million dollars of its common stock. This program is intended to be implemented through purchases made through either the open market or privately negotiated transactions from time to time, in accordance with Securities and Exchange Commission requirements.

The timing and extent to which the company repurchases its shares will depend upon market conditions and other corporate considerations. The repurchase program does not have an expiration date. [SM]


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