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Article: Innovo Group Repurchases And Cancels 1.2 Million Stock Option Purchase Warrants
- Article from:
- PR Newswire
- Article date:
- August 19, 1997
CopyrightCOPYRIGHT 1997 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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SPRINGFIELD, Tenn., Aug. 19 /PRNewswire/ -- Innovo Group, Inc. (Nasdaq: INNO), the manufacturer of craft products, licensed T-shirts, and a popular line of fashion, utility, and sports-licensed bags, announced today that the company has repurchased 1.2 million stock purchase warrants for $150,000. The stock purchase warrants were issued last year. The exercise price of the stock purchase warrants were at seventeen cents. Newly named CEO, Mr. L.E. "Butch" Smith, stated that "By retiring these options, the company has eliminated a 1.2 million share overhang in the market, thus creating better shareholder value for the existing shareholders."
Innovo Group ...
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Article: Innovo Group's Board of Directors Elects Two New ...
PR Newswire;
July 23, 2003 ;
700+ words
...Innovo Group Inc. , a sales and marketing organization ... representing the senior management of Innovo Group. Kent A. Savage has nearly 20 years ... Kent and Vince join our Board," said Innovo Group CEO Jay Furrow. "Their collective ...
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