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Aegean Marine Petroleum Network Inc.
Aegean Marine Petroleum Network Inc. Announces $25 Million Share Repurchase Program
January 2nd, 2009
Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that its Board of Directors has approved a share repurchase program for up to a total of $25 million of the Company's common stock. The Board will review the program after a period of 12 months. Share repurchases will be made from time to time for cash in open market transactions at prevailing market prices or in privately negotiated transactions. The timing and amount of purchases under the program will be determined by management based upon market conditions and other factors. E. Nikolas Tavlarios, President, commented, "The adoption of a share repurchase program demonstrates the Board and management's...
Source: Health Business Week (2009-01-02)
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