Business Wire

FTD, Inc. Authorizes Repurchase of Up to 1 Million Shares.

Business Wire | July 2, 2002 | Copyright

Business Editors

FTD, Inc. (NASDAQ: FTDI), a leading provider of floral services and products to FTD florists and consumers, announced today that its Board of Directors has authorized management to repurchase up to 1 million shares of the company's outstanding Class A common stock, or approximately six percent of the total common stock outstanding, over the next 24 months.

"The Board's approval of this program reflects a strong belief in FTD, Inc.'s future," commented Robert L. Norton, president, CEO and chairman. "We continue to be committed to enhancing…

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FTD, Inc. Authorizes Repurchase of Up to 1 Million Shares.
Business Wire Business Editors FTD, Inc. (NASDAQ: FTDI...services and products to FTD florists and consumers...authorized management to repurchase up to 1 million shares of the company's outstanding...reflects a strong belief in FTD, Inc.'s future," commented...

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