Burlington Coat Factory announces expansion of stock repurchase program.BURLINGTON, N.J.--(BUSINESS WIRE)--June 3, 1997--Burlington Coat Factory Warehouse Corp. (NYSE NYSE See: New York Stock Exchange :BCF BCF Billion Cubic Feet BCF Bioconcentration Factor BCF British Chess Federation BCF British Coatings Federation BCF Breast Cancer Fund BCF Bank Credit Facility BCF Bulked Continuous Filament BCF British Cycling Federation BCF Boeing Converted Freighter ) announced today that the company has expanded its stock repurchase Stock repurchase A firm's repurchase of outstanding shares of its common stock. program by authorizing an additional $5 million to be expended under the terms of the program. The program will continue through Jan. 10, 1999. To date, the corporation has repurchased 653,000 shares of its common stock, $1 par value, under the program which commenced in October, 1996. CONTACT: Burlington Coat Factory Burlington Coat Factory Warehouse Corporation is a national department store retailer focusing on clothing and shoes, with over 360 stores in 42 states (as of 2006). In early 2007, the first location to be opened in Canada will be at the Vaughan Mills mall in Toronto. Warehouse Corp., Burlington Monroe G. Milstein, 609/387-7800 or Silverman, Heller Associates, New York Edward Silverman, 212/682-9222 |
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