DIAMOND HOME SERVICES, INC. ANNOUNCES STOCK REPURCHASE PROGRAM.WOODSTOCK, Ill.--(BUSINESS WIRE)--April 30, 1997--Diamond Home Services, Inc. (Nasdaq/NM:DHMS DHMS Dense Hydrous Magnesium Silicate(s) DHMS Dakota Hills Middle School (Eagan, MN) DHMS Diploma in Homeopathic Medicine & Surgery DHMS Data, Hour, Minutes, Seconds ) 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 500,000 of the Company's outstanding common shares. Share purchases are authorized to be made by the Company from time to time in open-market or privately negotiated transactions as, in the opinion of management, market conditions warrant. The repurchased shares will be added to the Company's treasury shares and will be available for general corporate purposes. C. Stephen Clegg, Chairman, President and Chief Executive Officer, said,"The decision to buy back the Company's stock underscores management's confidence in the Company's future and is an opportunity to further build and maximize shareholder value." Diamond Home Services, Inc. is a leading national marketer and contractor of installed home improvement products, including roofing systems, gutters, doors and fencing fencing, sport of dueling with foil, épée, and saber. Modern Fencing The weapons and rules of modern fencing evolved from combat weapons and their usage. . The Company markets its installed home improvement products and services directly to consumers, primarily under the "SEARS Sears , Richard Warren 1863-1914. American merchant who founded (1886) the mail-order business that became Sears, Roebuck and Company. " brand name. Through its finance subsidiary, Marquise Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Inc., the Company also offers financing to its customers. The Company has 75 sales offices located in major cities across the U.S., providing the Company with a presence in markets covering approximately 80% of the owner-occupied households in the U.S. CONTACT: Diamond Home Services, Inc., Woodstock Richard G. Reece, 815/334-2414 |
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