Dataram Corp. (DRAM), 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.
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