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Allegiance Board Authorizes Share Repurchase, Declares Fifth Consecutive Dividend
PR Newswire
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November 6, 1997
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COPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Company Completes Dutch Acquisition, Canadian Venture
McGAW PARK, Ill., Nov. 6 /PRNewswire/ -- Allegiance Corporation (NYSE: AEH) announced today that its board of directors has authorized the company to repurchase up to 3 million shares of Allegiance common stock, or approximately 5 percent of the company's 58 million outstanding shares. The board also declared the company's fifth consecutive regular quarterly dividend.
Allegiance expects to begin repurchasing shares this year and to complete the systematic buyback program in approximately ...
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