Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Dataram To Repurchase Up To 1 Mln Shares - Quick Facts

Dataram Corp. (DRAM: Quote), international manufacturer of computer memory, storage and software products, announced that its board approved an Open Market Repurchase Plan.

As per the plan, Dataram is authorized to repurchase up to a total of 1 million shares of its issued and outstanding stock from its stockholders in the open market, at such times, as the President shall, in his discretion, direct.

The 1 million total shares to be repurchased are based on the current resolution to purchase approximately 827,000 shares as well as approximately 172,000 shares which remain under the November 25, 2002 stock repurchase resolution.

Click here to receive FREE breaking news email alerts for Dataram Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that it swung to a second quarter loss, hurt by higher costs and expenses even as revenue surged 47%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Kraton Performance Polymers, Inc. (KRA), Wednesday reported second-quarter net income of $11.1 million or $0.33 per share, up from $3.8 million or $0.12 per share last year. Adjusted earnings improved to $0.46 per share from $0.15 per share last year. Revenues for the quarter dropped to $323.8... Organic grocer Whole Foods Market, Inc. said Wednesday after the markets closed that its third quarter profit rose 6.3% from last year, as same-store sales increased 3.9%. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell shy of analyst' forecast.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.