I have followed and owned CSYI for some time. The stock hasn't done much, but I believe it is a good value.
To answer your question, in the 10-Q for the quarter ending 1/31/97, which was filed 3/13/97, the company stated:
"During February 1997, the Company's Board of Directors authorized the Company to repurchase up to 250,000 shares of the Company's common stock and to sell up to 68,000 shares of the common stock of its investment in SigmaTron. Through Feb 28, 1997, the Company repurchaased 48,900 shares of its stock for approximately $226,000 and sold 68,000 shares of SigmaTron's sotck for Approximately $1,475,000."
I don't know anything more than that regarding stock repurchases. I assume we will find out more when CSYI next reports, which should be soon.
RR |
