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Time: 2008-02-25 11:24 source: Asia Footwear Author: Asia Footwear: click on the Newswire reports, Brown shoe board approved a $2 million 500 thousand stock repurchase program. RonFromm, chairman and chief executive of the company, said: "the stock repurchase authorization demonstrates our confidence in our business and long-term forecasts and our commitment to return value to our shareholders.". Over the past few weeks, we have repurchased nearly 2 million 400 thousand shares under the previous stock repurchase authorization. PR Newswire reports, Brown shoe board approved a $2 million 500 thousand stock repurchase program. RonFromm, chairman and chief executive of the company, said: "the stock repurchase authorization demonstrates our confidence in our business and long-term forecasts and our commitment to return value to our shareholders.". Over the past few weeks, we have repurchased nearly 2 million 400 thousand shares under the previous stock repurchase authorization. We have maintained a strong balance sheet, we believe that the new licensing program will enable us to carry out a strategic plan to the next five years will be the company's sales and profit rate doubled, but also gives us the flexibility associated with this strategy in the future trading." Part of the buyback will likely be used in the company's employee benefit plan, and the balance will be used for other common uses of the company. The stock repurchase authorization no deadline, we buy back the pace of activity will also depend on the business sector, the level of cash investment cash needs, debt repayment, the current stock price and other factors. The company may buy shares from the open market or private transactions (including structured transactions) on a regular basis. The share repurchase program may be modified or terminated at any time.
Jordan Brand recently launched a new Jordan Air Imminent derivative shoes, shoe materials from the patent to gradual smooth leather, and collocation white midsole and AIR window decoration cushion, a full sense of science and technology. Blue version number: 705077-403, black and red version number: 705077-001, two have shelves, love friends please pay attention.
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Jordan Air Imminent dual color
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Jordan Air Imminent dual color
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Jordan Air Imminent dual color
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Jordan Air Imminent dual color
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Jordan Air Imminent dual color
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Jordan Air Imminent dual color
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