check this:
Homeland Security Corporation Announces Share Repurchase Campaign
NEWPORT BEACH, CA, May 24, 2010 (MARKETWIRE via COMTEX) -- Homeland Security Corporation (PINKSHEETS: HSCC) announced today that its Board of Directors has authorized the repurchase of the Company's Common Stock. The program was initiated in the fall of 2009 and continues in 2010. Open market repurchases will continue based on optimum market conditions.
David Shade, Chairman and CEO of HSCC, stated, "The outlook for strong financial performance of our business, combined with increasing cash flows, enables us to take this action. We will continually evaluate all alternatives to increase shareholder value, including dividends and investments to grow our business. We find no better investment than our own company." The goals of the share repurchase program are simple:
1. Reduce the free Shares;
2. Minimize or eliminate market inconsistencies concerning HSCC share price;
3. Increase Shareholder value
Homeland Security Corporations Commitment to Shareholders:
To create long term shareholder value through superior financial performance driven by the delivery of a diversified range of innovative customer focused products, services, and, supported by an operating culture based on the highest levels of teamwork, efficiency and integrity. The value behind Homeland Security Corporation's name lies in its tireless effort to challenge the ongoing threats facing the great Nation today. Homeland Security Corporation does not believe in coddling terrorists, nor will it tolerate "naked" shorting of its stock.
hummm ..... ~) |
