Video Display's (VIDE) Board Reinstates 800K Share Buyback Program
Tweet
Share
E-mail
Video Display Corporation (Nasdaq: VIDE) today announced that the Company had received authorization from its commercial lenders to reinitiate the company's common share buyback program.
The stock repurchase program is subject to the Company remaining within the guidelines established by the banks on a quarterly basis and it is restricted to specific total dollar purchase limits.
The balance of common shares authorized under the plan to be repurchased is 816,418 shares, depending upon the market price and other conditions at the discretion of management. There is no minimum number of shares required to be repurchased under the Program.
The stock repurchase program is subject to the Company remaining within the guidelines established by the banks on a quarterly basis and it is restricted to specific total dollar purchase limits.
The balance of common shares authorized under the plan to be repurchased is 816,418 shares, depending upon the market price and other conditions at the discretion of management. There is no minimum number of shares required to be repurchased under the Program.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Shell pauses $3 billion share buyback program due to ARC deal
- BOSS Zhipin repurchases over RMB1.73 billion worth of shares in 2026
- SES launches share buyback of up to 2.97 million FDRs for EUR 31.2 million
Create E-mail Alert Related Categories
Stock BuybacksRelated Entities
Stock BuybackSign 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!
