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Article: GREENWICH AIR SERVICES, INC. ANNOUNCES ADOPTION OF EMPLOYEE STOCK PURCHASE PLAN.
- Article from:
- Business Wire
- Article date:
- April 26, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MIAMI--(BUSINESS WIRE)--April 26, 1995--Greenwich Air Services, Inc. (Nasdaq National Stock Market: GASI) today announced the adoption of a qualified Employee Stock Purchase Plan.
At Greenwich's annual shareholders' meeting, held April 19th in Miami, shareholders voted to adopt a qualified Employee Stock Purchase Plan under which all full-time employees with at least one year of service may purchase up to an aggregate of 100,000 shares of the Company's Common Stock. The Common Stock may be either shares of authorized but unissued Stock or shares of Stock purchased by the Company in the open market.
In a related announcement, Greenwich reported that it intends ...