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P&F Industries repurchases 208,325 shares of its common stock

2014-10-16 07:17:31| Appliances - Topix.net

P&F Industries repurchases 208,325 shares of its common stock P&F Industries announced that effective October 14, it repurchased 208,325 shares of its common stock from Timothy J Stabosz in a privately negotiated transaction, pursuant to a purchase agreement, at $7.60 per share for a total purchase price of $1,583,270. Richard Horowitz, Chairman and CEO of the company, commented, "This transaction enables us to make attractive use of our capital to acquire a meaningful block of company common stock at a favorable price.

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