Printer Friendly

Metatec announces stock repurchase authorization.

DUBLIN, Ohio--(BUSINESS WIRE)--Nov. 25, 1996--Metatec Corporation (NASDAQ:META) announced today that its board of directors authorized the repurchase of up to 700,000 shares of its common stock from time to time in open market transactions at prevailing prices.

The board authorized the repurchase program through Dec. 31, 1997. The company has approximately 7.1 million shares outstanding.

Headquartered in Dublin, Ohio, Metatec Corporation is a leading information industry services company offering optical disc manufacturing and distribution, software development and related network services. Metatec's Manufacturing Services Group provides state-of-the-art CD-ROM mastering, replication and distribution services. The company's New Media Solutions Group, through its Metatec Access(TM) hybrid information technology product line, provides multimedia design and development services for creating custom CD-ROM based publications and information networks. Additional information may be obtained from Metatec's World Wide Web site at http://www.metatec.com.

CONTACT: Metatec Corporation, Dublin

William H. Largent or Richard A. Baker, 614/761-2000
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 25, 1996
Words:157
Previous Article:Ascend Pipeline 50 Wins Most Valuable Product Award at COMDEX.
Next Article:Palace Explorations Consolidation and Name Change Effective Date.
Topics:


Related Articles
Metatec Corporation provides preliminary outlook on second quarter results.
Metatec Corporation receives ISO 9002 quality system certification; CD-ROM manufacturer certified by ISO international registrar.
Metatec Corporation provides preliminary outlook on third quarter results; reaffirms commitment to growth plans.
Corporate Profile for Metatec Corp., dated Jan. 10, 1997.
Data Broadcasting Works With Microsoft On Streaming Video Integration.
Metatec Acquires Internet Technology Company; In Addition to Offering Software and Information Delivery Through CD-ROM and DVD, Metatec Now Also...
Metatec Announces Immediate Availability of Web Transporter 3.0.
Metatec Signs New Contract With Computer Associates.
Metatec Executes E-business Shipping Solution With ECOutlook.com; Project allows Metatec to transmit ASNs to national retailer EDI systems.

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