Rochester, NY 8/17/2009 3:12:04 PM
EDCI Holdings, Inc., EDCI - EDCI Holdings, Inc. Will Be Extending Company’s Share Repurchase Program
EDCI Holdings, Inc
EDCI Holdings, Inc. recently release that the Board of Directors of the company has approved an extension plan of 12 months of EDCI's common stock repurchase program and has also added a provision to the program which allows EDCI to repurchase shares of its common stock under a 10b5-1 plan.
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The company also extends to use its repurchase program to purchase the maximum number of shares available each day. EDCI currently has approximately 6,716,000 total shares outstanding.
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