Law & Health Weekly
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Ballantyne of Omaha, Inc.
Ballantyne Authorizes $1 Million Share Repurchase Program
November 29th, 2008
Ballantyne of Omaha, Inc. (Amex: BTN), a provider of digital and traditional cinema equipment and services, announced that its Board of Directors has authorized the repurchase of up to $1 million of the Company's common stock over the next 12 months. The purchases will be made using the Company's available cash. John P. Wilmers, President and CEO, commented, "Current market conditions have created an environment for opportunistic share repurchases aimed at enhancing long term shareholder value." Pursuant to the Board's authorization and subject to market conditions, the Company's share price and other factors, Ballantyne may purchase shares from time...
Source: Law & Health Weekly (2008-11-29)
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