Printer Friendly

IMMUCOR AUTHORIZES STOCK REPURCHASE PROGRAM

 IMMUCOR AUTHORIZES STOCK REPURCHASE PROGRAM
 NORCROSS, Ga., April 29 /PRNewswire/ -- Immucor, Inc.


(NASDAQ-NMS: BLUD), maker of blood bank reagent systems and related products, announced today it has authorized a program to repurchase up to 500,000 shares of its common stock in the open market.
 The company currently has 7.8 million common shares outstanding.
 "Market conditions have provided us with an opportunity to enhance shareholder value by purchasing stock at attractive prices," said Edward L. Gallup, president of Immucor. Gallup also noted that the company is not committed to purchase any minimum number of shares, and the company may terminate the repurchase program at any time.
 Founded in 1982, Immucor manufactures and sells a complete line of reagents and systems used primarily by hospitals and blood banks in a number of tests performed to detect and identify certain properties of the cell and serum components of human blood prior to blood transfusion.
 -0- 4/29/92
 /CONTACT: Richard J. Still, senior vice president - Finance of Immucor, 404-441-2051/
 (BLUD) CO: Immucor, Inc. ST: Georgia IN: MTC SU: OFR


BN-EA -- AT012 -- 4370 04/29/92 12:18 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 29, 1992
Words:187
Previous Article:MARITRANS PARTNERS L.P. ANNOUNCES RESULTS FOR QUARTER ENDED MARCH 31, 1992, QUARTERLY DISTRIBUTION, INTENTION TO CONVERT TO CORPORATE FORM
Next Article:OCCIDENTAL PETROLEUM DECLARES DIVIDENDS


Related Articles
IMMUCOR AUTHORIZES STOCK REPURCHASE PROGRAM
Immucor Authorizes Additional Stock For Repurchase Program
Immucor Announces 50% Increase in Second Quarter Earnings Per Share.
Immucor Announces Additional Stock Repurchases.
Immucor Announces Stock Repurchase Program.
Immucor Announces 3-for-2 Stock Split and Stock Repurchase Program.
Immucor Resumes Stock Repurchase Program.
Immucor Announces Stock Repurchase Program.
Immucor Announces 2 Million Share Increase to Stock Repurchase Program.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters