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Acme United Corporation



Acme United Corporation Announces Stock Buyback



January 9th, 2009

Acme United Corporation (AMEX:ACU) announced that its Board of Directors approved a new stock repurchase program of up to 150,000 common shares.

Walter C. Johnsen, Chairman and CEO, said, “We are pleased to announce this buy-back program as it demonstrates management’s commitment to build long term shareholder value.”

There were 3,343,368 shares outstanding as of December 15, 2008. ACME UNITED CORPORATION is an innovative supplier of cutting devices, measuring instruments, and safety products for school, home, office, hardware and industrial use. Its leading brands include Westcott®, Clauss®, and PhysiciansCare ®.

Keywords: Acme...


Source: Health Business Week (2009-01-09)

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