Printer Friendly

TSI INCORPORATED ANNOUNCES STOCK REPURCHASE PROGRAM

 SHOREVIEW, Minn., Oct. 22 /PRNewswire/ -- TSI Incorporation (NASDAQ: TSII) announced today that its board of directors authorized the company to repurchase up to 200,000 shares of its common stock in open market or privately negotiated transactions. An additional 23,300 shares are still available for repurchase under a previously approved repurchase plan. There are no plans at present to acquire all of the authorized shares or to repurchase shares at any prescribed rate over time. The company, as of Sept. 30, 1993, had 3,344,077 shares outstanding.
 TSI is a leading designer and manufacturer of fluid flow, particle measurement and meteorological instrumentation. The company's common stock is traded on the national over-the-counter market under the NASDAQ symbol TSII.
 -0- 10/22/93
 /CONTACT: Lowell D. Nystrom, vice president and CFO, of TSI, 612-483-0900/
 (TSII)


CO: TSI Incorporated ST: Minnesota IN: SU:

AL-DS -- MN017 -- 5780 10/22/93 13:49 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 22, 1993
Words:152
Previous Article:GAMING CORPORATION OF AMERICA COMPLETES $15 MILLION FINANCING
Next Article:RAYTHEON CHAIRMAN PRAISES REP. JOE KENNEDY FOR COURAGEOUS STAND ON NAFTA
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters