Monday, November 24, 2008 9:28:12 AM
Monday November 24, 8:40 am ET
LAKE MARY, Fla., Nov. 24 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. (Nasdaq: FARO - News) announced today that its Board of Directors approved a program to acquire up to $30 million of the Company's common stock.
"Our strong balance sheet combined with continuing strong cash flows enable us to return value to our shareholders with this repurchase program," said Jay Freeland, FARO's President & Chief Executive Officer. "The current stock price levels provide a compelling argument for a stock repurchase and reflect our confidence in the company's long-term growth prospects. The repurchase will not affect our ongoing growth strategies, both organically and inorganically. This is simply a reflection on our view of the strength of this company."
Recent FARO News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/09/2024 08:38:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/06/2024 08:24:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2024 08:30:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:20:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:15:35 PM
- FARO Announces Second Quarter Financial Results • PR Newswire (US) • 08/08/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/31/2024 08:06:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:14:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/30/2024 07:37:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/26/2024 07:49:12 PM
- FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024 • PR Newswire (US) • 07/26/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:20:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:20:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:19:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:18:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:17:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:15:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:31:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:14:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:29:48 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:29:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:28:04 AM
- Form 144/A - Report of proposed sale of securities: [Amend] • Edgar (US Regulatory) • 06/12/2024 08:54:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 07:56:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 07:56:34 PM
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