Hudson retiring shares
-
- September
- 11
Hudson Technologies Inc. said this morning it purchased 55,353 shares of its stock for $62,000 and will retire the shares. Hudson said the purchase price will be paid from existing cash reserves. The company had tendered 1.2 million shares at a purchase price of $1.12 apiece. The company now has 20.18 million shares of stock outstanding. The company said the $1.25 million remaining to purchase and retire shares will be used to buy additional stock from the Fleming Funds for $1.12 a share.
This entry was posted
on Tuesday, September 11th, 2007 at 9:43 am by Allan Drury.
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Category: Corporate doings
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