SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : YEEHAW CANDIDATES
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken W who wrote (2496)7/6/2003 5:12:56 PM
From: Ken W  Read Replies (2) of 23958
 
Sergio

ICTS: Okay here is the catalyst to change things a bit. <GGG>

DJ ICTS Intl Seeks OK Of Stock Repurchase For Up To $10 Mln

WASHINGTON (Dow Jones)--ICTS International NV (ICTS) is seeking shareholder approval to spend up to $10 million to repurchase shares of the company's common stock, according to a proxy filed Wednesday with the Securities and Exchange Commission.
The company plans to repurchase the shares at prices of up to $10 each for 18 months, the filing said.
Shares of ICTS International recently traded at $3.59 each, down 9.1%, or 36 cents.
The company had 6.5 million common shares outstanding as of Wednesday.
Under the company's articles of association, ICTS International may only acquire common shares if authorized by a shareholder meeting. A majority of the votes cast at the meeting must approve the proposal.
Shareholders are scheduled to vote on the proposal on Aug. 6 in the Netherlands.
ICTS International provides advanced aviation services.
-By Ben Siegel; Dow Jones Newswires; 202-862-3544

(END) Dow Jones Newswires
07-02-03 1131ET- - 11 31 AM EDT 07-02-03

Let's put it in the folio and forget about the technicals. If the company get shareholder approval then they will take the company private at least near cash on hand. No brainer. I can't imagine the shareholders disapproving! hmmmmmm 3.50 or 10ish. duh! LOL Even Mikey could figure that one out. <GGGGGGGGGGGG>

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News