FONT-SIZE Plus   Neg

Delta Apparel Boosts Stock Buyback Program By $10 Mln

Delta Apparel, Inc. (DLA) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT