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Article: Flow International completes stock buyback reduced common stock by 12 percent.

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PR Newswire
Article date:
February 14, 1990
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FLOW INTERNATIONAL COMPLETES STOCK BUYBACK

REDUCED COMMON STOCK BY 12 PERCENT

KENT, Wash., Feb. 14 /PRNewswire/ -- Flow International Corporation (NASDAQ: FLOW) announced today that it has acquired and retired all 1,576,457 Flow shares as described in the company's Dec. 22, 1989 news release. This transaction reduces Flow's outstanding common shares by 12 percent. Flow repurchased the 1,576,457 shares based on the average daily closing price for the month of January 1990 of $3.72 per share.

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