Encouraging news??:
Western Power & Equipment Announces Common Stock
Buyback
VANCOUVER, Wash., April 3 /PRNewswire/ -- Western Power & Equipment Corp. (Nasdaq:
WPEC - news), an independent dealer of construction and agricultural equipment, today announced
that its board of directors has authorized the purchase of a maximum of 350,000 shares of
Western's common stock from time to time in open market transactions. Purchases will be
accomplished via unsolicited brokers' transactions at market prices over the next six months.
Western currently has a total of 3,533,462 common shares outstanding.
Western Power & Equipment sells, leases, and services construction equipment for Case and over
30 other manufacturers. The company currently operates 25 retail distribution facilities in
Washington, Oregon, northern Nevada, California, and Alaska.
SOURCE: Western Power & Equipment Corp.
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Western Power & Equipment Corp (Nasdaq:WPEC - new |
