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Technology Stocks : Timberline Software (TMBS) -- Ignore unavailable to you. Want to Upgrade?


To: OGM who wrote (813)3/31/2000 10:13:00 PM
From: James Overko  Read Replies (1) | Respond to of 819
 
SHARE BUYBACK!!!!!!!!
Friday March 31, 7:47 pm Eastern Time
Timberline board oks 1.3 mln share buyback
BEAVERTON, Ore., March 31 (Reuters) - Computer software developer Timberline Software Corp (NasdaqNM:TMBS - news) said on Friday its board approved the repurchase of up to 1.3 million shares.

The buyback reflects Timberline's confidence in the company's future prospects and belief that its stock is undervalued, it said in a statement.

The purchases will be made from time to time in the open market. As of March 31 Timberline had about 12,835,000 shares of common stock outstanding.