Buckle Inc declares new corporate stock repurchase program
14 Oct '05
1 min read
Leading apparel retailer Buckle Inc announced that at a special meeting of the Board of Directors on October 12, 2005, authorization was granted for a new corporate stock repurchase program.
The plan authorizes the corporation to make repurchases from time to time on the open market or through privately negotiated transactions, at the discretion of the Executive Committee of the Board, of up to 500,000 shares of common stock. The timing of the purchases and the amount of stock repurchased will be dictated by financial and market conditions.
Headquartered in Kearney, Nebraska, Buckle Inc is a retailer of casual apparel, footwear and accessories for young men and women. It currently operates 336 retail stores in 38 states compared to 327 stores in 38 states at this same time a year ago. The Company will open one new store later this month in Collierville, Tennessee.
marketing@alchempro.com
