Bando McGlocklin Expands Stock Repurchase Program.Business Editors PEWAUKEE, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .--(BUSINESS WIRE)--March 7, 2000 Bando McGlocklin Capital Corporation (NASDAQ/NMS:BMCC BMCC bulk milk cell counts. ) today announced that its Board of Directors has authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the repurchase re·pur·chase tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es To buy (something) again. n. The act of buying something that one previously sold or owned. Noun 1. of up to 250,000 shares of the company's common stock from time-to-time in the open market or in privately negotiated transactions. Since August 1998, the company has repurchased a total of 134,890 shares pursuant to previously granted Board authority. The shares repurchased include 68,500 acquired in late February 2000. Bando McGlocklin had 3,916,389 shares outstanding as of March 1, 2000. "We believe the current market price of our stock does not reflect the full value and growth potential of Bando McGlocklin, and the repurchase of our shares is a good investment for our continuing shareholders," said George R. Schonath, president and chief executive officer of Bando McGlocklin. Bando McGlocklin Capital Corporation owns Bando McGlocklin Small Business Lending Corporation and Lee Middleton Original Dolls, Inc. Bando McGlocklin Small Business Lending Corporation makes first mortgage loans and leases real estate to small business. Lee Middleton Original Dolls markets lifelike collectible collectible An asset of limited supply that is sought for a variety of reasons including, it is hoped, an increase in value. Stamps, antiques, coins, and works of art are among the many things usually classified as collectibles. baby dolls through major retailers and dealers nationwide. Bando McGlocklin Capital Corp. news releases are available on-line 24 hours a day at: http://www.businesswire.com/cnn/bmcc.htm |
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