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Article: National Data Corporation Announces Purchases Under Stock Repurchase Plan
- Article from:
- PR Newswire
- Article date:
- April 29, 1998
CopyrightCOPYRIGHT 1998 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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ATLANTA, April 29 /PRNewswire/ -- National Data Corporation (NYSE: NDC) announced today that it has previously purchased 20,000 shares of Company stock under its repurchase plan which was announced December 22, 1997. The Company further stated that it has purchased an additional 40,000 shares under the program today. Under the plan the Company was authorized to repurchase up to 200,000 shares of the Company's common stock from time-to-time in the open market.
Robert A. Yellowlees, chairman and CEO of National Data remarked that, "We see the current depressed price of our stock as an excellent buying opportunity."
National Data Corporation is a ...