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Re: novicetrader post# 150

Friday, 01/29/2010 8:39:40 AM

Friday, January 29, 2010 8:39:40 AM

Post# of 170
Now they give something good...yep...we did.didn't see this comeing
...........................
LaBranche & Co Inc. Announces Intent to Repurchase up to 15 Million Shares of Its Common Stock at a Price of $4.60 Per Share ...




LaBranche & Co Inc. (NYSE: LAB) (the “Company”) announced that it expects to commence a tender offer later today to purchase up to 15 million shares of its common stock at a price of $4.60 per share. The tender offer is expected to begin today, January 29, 2010, and to expire at 5:00 p.m., New York City time, on March 1, 2010, unless extended. The number of shares proposed to be purchased in the tender offer represents approximately 29.1% of the Company’s currently outstanding shares. Tenders of shares must be made prior to the expiration of the tender offer and may be withdrawn

http://ih.advfn.com/p.php?pid=nmona&article=41313587&symbol=LAB

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