Optical Cable Corp. (OCCF) announced that its Board of Directors has approved a plan to purchase and retire up to 325,848 shares of the company's common stock, or 5% of the current shares outstanding.
The company anticipates that the purchases will be made during the next 12 to 24 months. The company stated that, as of November 16, 2009, it had approximately 6.5 million common shares outstanding.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.