Prior to the suspension of the stock repurchase program
, the Company had repurchased a total of 11.
This news release contains certain forward-looking statements, including statements about our intention to pursue the above stock repurchase program
and our future level and use of capital investment that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate and may significantly and adversely affect our business, financial condition and results of operations.
Shares purchased pursuant to the stock repurchase program
will either be cancelled or held in Tim Hortons treasury.
We are pleased that we will be resuming our stock repurchase program
," said Jay Gellert, president and chief executive officer of Health Net, Inc.
The stock repurchase program
, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.
This news release contains forward-looking statements about Juniper's common stock repurchase program
, including the maximum amounts that may be purchased under the program.
The 2006 Common Stock Repurchase Program
will expire on July 1, 2007.
Additionally, ValueClick announced today that its board of directors has authorized an additional $50 million increase to the Company's Stock Repurchase Program
In September 2001, the board of directors authorized a $10 million Stock Repurchase Program
to purchase outstanding shares of ValueClick common stock from time to time at prevailing market prices in the open market or through unsolicited negotiated transactions depending on market conditions.
The Board of Directors of First Northern Community Bancorp (OTCBB:FNRN), holding company of First Northern Bank, has announced plans to continue to provide a stock repurchase program
for its outstanding common stock.
Thorne, ENSCO's Chairman and Chief Executive Officer, commented: "Given our record financial results in 2005 and favorable prospects for 2006, we believe a meaningful stock repurchase program
is timely and in keeping with our long-stated commitment to build value for our stockholders.
The rating action stems from the higher financial risk that is expected to result from CenturyTel's $1 billion stock repurchase program
, which was announced on Feb.