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Biotech / Medical : AVANT Immunotherapeutics Inc. (Nasdaq: AVAN)
AVAN 10.040.0%Jun 12 9:41 AM EDT

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To: SemiBull who wrote (414)8/16/2002 6:47:43 PM
From: tuck  Read Replies (1) of 513
 
>>NEEDHAM, Mass.--(BW HealthWire)--Aug. 16, 2002--AVANT Immunotherapeutics, Inc. (Nasdaq: AVAN - News) announced today that its Board of Directors has authorized the repurchase of up to 2 million shares in AVANT common stock in the open market or through privately negotiated transactions through August 31, 2003. Under the program, shares may be repurchased from time to time and in such amounts as market conditions warrant, and subject to regulatory considerations.

"The current valuation of AVANT stock makes repurchase of AVANT stock a solid investment and represents an attractive opportunity to enhance long-term shareholder value," said Una S. Ryan, Ph.D., President and Chief Executive Officer of AVANT Immunotherapeutics, Inc.<<

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Cheers, Tuck
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