United Stationers (USTR) to Add $100M to Buyback Program
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United Stationers Inc. (NASDAQ: USTR) today announced that its Board has approved an increase in its buyback program by $100 million.
The company may purchase stock from time to time in the open market or in privately negotiated transactions. The company currently has 23.4 million shares outstanding and approximately $858K remaining under a prior $200 million authorization approved by its Board in August 2007.
United Stationers, Inc., together with its subsidiaries, engages in the wholesale distribution of business products in North America.
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