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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Street Walker who started this subject8/10/2001 11:27:25 AM
From: MichaelSkyy  Read Replies (1) of 5582
 
1 Million Share buy-back...

DJ Gum Tech Intl/Buyback -2: About 9.2M Shrs Outstanding

10 Aug 11:16

PHOENIX (Dow Jones)--Gum Tech International Inc.'s (GUMM) board authorized
the repurchase of up to 1 million common shares from time to time until August
2002.

In a press release Friday, the company said repurchases may be made through
open market purchases, block trades or negotiated private transactions.

Gum Tech International, a nutrient and drug delivery technology company, had
9.2 million shares outstanding as of June 18.

The company's shares were recently trading at $8.20, up 15 cents or 1.9%, on
Nasdaq volume of 14,100 shares. Average daily volume is 23,913 shares.

-Dorothea Degen; Dow Jones Newswires; 201-938-5400

(END) DOW JONES NEWS 08-10-01
11:16 AM
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