Biosource (NASDAQ:BIOI) extends stock repurchase
Reuters, Monday, December 22, 1997 at 16:53
CAMARILLO, Calif, Dec 22 (Reuters) - BioSource International Inc said it extended the common stock repurchase program, and authorized the purchase of up to one million shares from December 22, 1997 to December 23, 1998. In light of the recent price range of its stock, the board determined to more aggressively purchase shares. BioSource International's stock repurchase program was initiated for a 12-month period on April 22, 1997, and was previously authorized to purchase up to 200,000 shares of common stock. Through the period ended on December 19, 1997 it purchased 200,000 shares at an average price of $6.37 per share.
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