Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Delta Apparel Boosts Stock Buyback Program By $10 Mln

RELATED NEWS
Trade DLA now with 

Delta Apparel, Inc. (DLA: Quote) said Friday that its Board of Directors has authorized management to use an additional $10.0 million to repurchase Delta Apparel common stock in open market transactions under the company's stock repurchase program.

Since the inception of its stock repurchase program, the company has used an aggregate $18.0 million to purchase 1,634,080 shares at an average price of $11.01 per share.

Prior to the Board's action, only $2.0 million remained of the original $20 million authorization under the program.

Click here to receive FREE breaking news email alerts for Delta Apparel Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
South Korea announced a $11.4 billion stimulus plan to stimulate the economy, which logged its slowest growth in more than a year on weak private spending. The finance ministry announced policy financing support for small businesses and to boost household income. The ministry increased the lending ceiling for businesses to $15 billion from $10 billion. European stocks are seen flat to slightly lower on Thursday amid a lack of cues to sustain two days of gains. Geopolitical concerns remain and the earnings season is picking up pace, rendering investor mood cautious. In economic releases, investors eye PMI reports from major European economies and... Social networking giant Facebook, Inc. said Wednesday after the markets closed that its second quarter profit more than doubled from last year, as revenue surged 61% amid strong growth in mobile advertising. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
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.