SonoSite to repurchase its stock

AuntMinnie.com staff writers
Jun 10, 2010

Compact-ultrasound developer SonoSite of Bothell, WA, may purchase as much as $50 million of its common stock over the next 12 months in a stock repurchase program.

Since February, SonoSite has repurchased a total of approximately 3 million shares of its common stock through a tender offer at a total cost of $88.8 million.

The company said that it may repurchase its common stock from time to time in amounts, at prices, and at times as it deems appropriate, all subject to market conditions and other considerations.

Related Reading

SonoSite to acquire VisualSonics, May 27, 2010

SonoSite forms emergency services alliance, May 3, 2010

SonoSite posts 8% revenue gain, April 27, 2010

SonoSite inks deal with UltraLinq, March 25, 2010

SonoSite completes stock buyback, February 25, 2010

Copyright © 2010 AuntMinnie.com

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