Peerless Systems (PRLS) Increases Stock Buyback Plan By 2 Million Shares
More News related to PRLS
- After-Hours Movers 9/10: CMRO, RVI, STLD, COV Higher; FNSR, HZO, GROW, PRLS Lower
- Peerless (PRLS) Swings to Q2 Profit
- Peerless Systems (PRLS) Increases Stock Buyback Plan By 2 Million Shares
- Peerless Systems (PRLS) Reports Q1 GAAP EPS of $0.23
- Peerless Systems (PRLS) Reports a Q2 Loss
More News related to Stock Buybacks
- Ralcorp (RAH) Misses Street's Q4 Views; Announces 7M Share Buyback
- Ralcorp Holdings (RAH) Approves 7 Million Share Buyback
- FTI Consulting (FCN) Announces $250M Accelerated Stock Buyback
Peerless Systems Corporation (Nasdaq: PRLS) announced that the Company's Board of Directors authorized the expansion of its stock repurchase program, in accordance with a written plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
Under the existing plan, the Company was authorized to repurchase up to 2,000,000 shares of its common stock. Since the repurchase plan was enacted by the Board in July 2008, the Company has repurchased 1,830,443 shares for an aggregate consideration of $3,377,354, effectively returning capital to stockholders and increasing stockholder value. The Board of Directors has now authorized the Company to purchase an additional 2,000,000 shares.[SM]
Related Categories
Stock BuybacksStocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
