Printer Friendly

MAXUM HEALTH CORP. STOCK REPURCHASE APPROVED

 MAXUM HEALTH CORP. STOCK REPURCHASE APPROVED
 DALLAS, Aug. 26 /PRNewswire/ -- Maxum Health Corp. (AMEX: MXH) today


announced its board of directors authorized discretionary stock repurchases during its regular August meeting. Under the resolution, the company may from time to time acquire up to 100,000 of its common shares in the open market, as conditions allow.
 Maxum's Chairman and Chief Executive Officer, William L. MacKnight, commented, "Priority use of our investment capital is for expansion of existing operations and new unit growth. Under the board's approval, additional available cash could be used for buyback of shares."
 Maxum Health Corp. has ownership in and operates three imaging centers and provides diagnostic imaging and lithotripsy services under service contract arrangements to nearly 150 hospitals. The company's most recent imaging center acquisition was completed at the end of June 1992.
 -0- 8/26/92
 /CONTACT: Nancy J. Corday, senior vice president, of Maxum Health Corp., 214-716-6225/
 (MXH) CO: Maxus Health Corp. ST: Texas IN: HEA SU:


LR -- NY058 -- 3531 08/26/92 14:14 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:Aug 26, 1992
Words:172
Previous Article:NEVADA POWER FILES FOR DECREASE IN RESOURCE PLANNING COSTS
Next Article:3-DIMENSIONAL GRAPHICS COME TO 16-BIT SUPER NES; NINTENDO TO LEAPFROG SEGA IN CD-ROM
Topics:


Related Articles
MAXUM HEALTH CORP. TO ACQUIRE IMAGING CENTER
MAXUM REPORTS PERFORMANCE IMPROVEMENTS
MAXUM HEALTH CORP. SHARES REPURCHASED
MAXUM REPORTS THIRD QUARTER EARNINGS
MAXUM HEALTH CORP. ANNOUNCES FOURTH QUARTER CHARGE AND RESTRUCTURING
CLASS ACTION STOCKHOLDER LITIGATION FILED AGAINST MAXUM HEALTH CORP.
MAXUM HEALTH CORP. REPORTS THIRD QUARTER LOSS
MAXUM HEALTH CORP.'S STOCK TO BE TRADED OVER THE COUNTER
MAXUM HEALTH CORP. ANNOUNCES FIRST QUARTER RESULTS
MAXUM HEALTH CORP. ANNOUNCES STOCKHOLDER APPROVAL OF MERGER WITH AMERICAN HEALTH SERVICES CORP. INTO INSIGHT HEALTH SERVICES CORP.

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