Women's Health Weekly
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Business & Finance
Company announces adoption of share repurchase program
August 25th, 2005
First Horizon Pharmaceutical Corp. (FHRX), a specialty-pharmaceutical company, announced that its board of directors has adopted a new share repurchase program, authorizing the repurchase of up to $20 million of its outstanding shares of common stock over the next 12 months in increments of up to $5 million per quarter. The plan became effective on August 3, 2005. First Horizon may conduct its purchases in the general market and in privately negotiated transactions. The repurchase program does not require First Horizon to acquire any specific number of shares and may be terminated at any time. The company's existing repurchase...
Source: Women's Health Weekly (2005-08-25)
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