Friday September 27 3:53 PM EDT
Vitronics repurchases 475,000 shares of stock from New England Growth
Fund
NEWMARKET, N.H.--(BUSINESS WIRE)--Sept. 27, 1996-- Vitronics Corp announced today that it has acquired in a
single transaction 475,000 shares of stock from New England Growth Fund I, L.P., at a price of $1 3/8.
James J. Manfield, Jr., chairman and CEO, said, "In February 1996, Vitronics announced their intention to buy back stock.
This block of stock became available: we think it is a good buy and decided to take this block off the market."
Vitronics Corp. is a supplier of state-of-the-art thermal processing and associated equipment, with an established reputation as
an innovator and leader in the surface mount industry. Vitronics' equipment is primarily aired at the electronics industry and has
achieved considerable technical recognition in the production of printed circuit boards. The company also supplies its
equipment to the medical, chemical, pharmaceutical, plastics, graphics and textile industries. Vitronics Corp.'s customer list
includes all twenty of the largest electronic companies.
CONTACT: Vitronics Corp.
Lise Waitt, 603/659-6550 |
