The board of directors of virtual colonoscopy and contrast developer E-Z-EM has authorized the repurchase by the company of up to 300,000 shares of its common stock. Repurchased common shares will be added to the Lake Success, NY-based vendor’s treasury shares, and will be used to meet current and near-term stock requirements for benefit plans and other corporate purposes. E-Z-EM had over 10 million shares of common stock outstanding as of January 9, 2003, according to the firm.
By AuntMinnie.com staff writersMarch 7, 2003
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