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Article: Clark Holdings Inc. Modifies Securities Repurchase Program.
- Article from:
- PR Newswire
- Article date:
- March 24, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. 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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Board of Directors Authorizes the Repurchase of Common Stock
NEW YORK, March 24 /PRNewswire-FirstCall/ -- Clark Holdings Inc. (Amex: GLA; GLA.U; GLA.WS), a non-asset-based provider of mission-critical supply chain solutions, today announced that its Board of Directors has amended the previously announced warrant repurchase program to also authorize the repurchase of the Company's common stock.
The maximum amount authorized for the repurchase of common stock and warrants remains $3 million. Repurchases will be made from time to time in the open market and through privately negotiated transactions, subject to market conditions. No minimum number of shares ...