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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 11.04-0.6%Jul 15 3:59 PM EDT

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To: richardred who wrote (4302)1/6/2017 10:29:31 AM
From: richardred  Read Replies (1) of 7067
RE-CTG The company is stepping up their buy back plan. I'm stepping up to the plate also. Added shares today.

P.S.>The Plan enables shares to be purchased during an otherwise self-imposed blackout period between quarter-end and the reporting of the Company’s financial results. Under its existing plan announced in November 2016, the Company had repurchased a total of 317,253 common shares at an average price of $4.28 per share on trades settled through January 5, 2017, and approximately $8.64 million was available under the Company’s outstanding repurchase authorization as of that date.
“The decision to implement a 10b5-1 plan reflects our continued belief that buying back shares at the current valuation is an effective use of the Company's capital,” commented CTG President and Chief Executive Officer, Bud Crumlish.
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