ESST-the new beginning. Message Board

STOCKTALK

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.

Technology Stocks : ESST-the new beginning.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: view who wrote (2094)	10/21/1998 3:42:00 PM
From: Steve Reinhardt	Read Replies (1) of 3493

biz.yahoo.com ESS Technology sets share buyback up to $7 million NEW YORK, Oct 21 (Reuters) - ESS Technology Inc. (Nasdaq:ESST - news) said Wednesday its board had authorized a stock repurchase of up to $7 million. ESS, a leading supplier of audio, modem and digital video solutions for the PC and consumer markets, has more than 41 million shares outstanding. The stock will be bought back on the open market from time to time at market prices and as market business conditions warrant, the company said. ESS said the decision was in consideration of the current stock price. Shares were up 1/32 to 2-27/32 at midday Wednesday. The shares are down sharply from their 52-week high at 14-3/16.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next