Wednesday, July 19, 2017 10:04:53 AM
Share repurchase plan:
On October 28,2013, the Company's Board of Directors approved a share repurchase plan.
Under terms of the plan, the Company is authorized to repurchase up to an aggregate of
$250,000 of its common stock over the next 18 months. Acquisitions of stock under the
repurchase plan will be made from time to time at prices prevailing in the open market or in
privately negotiated transactions as permitted by securities laws and other legal requirements,
and subject to market conditions and other factors. The repurchase program will be funded by the
Company's available cash and may be commenced or suspended at any time or from time to
time. The plan will continue as long as periodic management reviews determine it to be fiscally
feasible and may be discontinued at any time. This repurchase program is no longer active and
no shares were repurchased during this period.
On October 28,2013, the Company's Board of Directors approved a share repurchase plan.
Under terms of the plan, the Company is authorized to repurchase up to an aggregate of
$250,000 of its common stock over the next 18 months. Acquisitions of stock under the
repurchase plan will be made from time to time at prices prevailing in the open market or in
privately negotiated transactions as permitted by securities laws and other legal requirements,
and subject to market conditions and other factors. The repurchase program will be funded by the
Company's available cash and may be commenced or suspended at any time or from time to
time. The plan will continue as long as periodic management reviews determine it to be fiscally
feasible and may be discontinued at any time. This repurchase program is no longer active and
no shares were repurchased during this period.
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