Standard Motor To Repurchase Shares
Standard Motor Product Inc. (NYSE:SMP) announced that its Board of Directors has approved the repurchase of an additional $5 million of common stock under the existing share repurchase program. The newly approved authorization is an addition to the previously completed $5 million repurchase program authorized by the Board of Directors on August 25, 2011. Standard [...]
Standard Motor Product Inc. (NYSE:SMP) announced that its Board of Directors has approved the repurchase of an additional $5 million of common stock under the existing share repurchase program. The newly approved authorization is an addition to the previously completed $5 million repurchase program authorized by the Board of Directors on August 25, 2011.
Standard Motor will repurchase the shares periodically in the open market or through private transaction. It will be funded by the company’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards