Gaming Partners International Corporation Buyback
OLI recorded this information on 12/3/2012
Company:
Gaming Partners International Corporation
Buyback:
GPIC buyback
Share Amount Authorized:
88,561.00
Buyback Details:
The Board also approved an increase of 88,561 shares under the Company's existing share repurchase program, and, to assist the implementation of such program, has also adopted a 10b5-1 Purchase Plan. Under the 10b5-1 Purchase Plan, the Company has engaged a broker to purchase certain share amounts in open market transactions. All repurchases remain subject to the limitations under SEC Rule 10b-18, which provides safe harbor restrictions on open market repurchases.
Gaming Partners International is a manufacturer and supplier of casino table game equipment. Co. custom manufactures and supplies casino currency, playing cards, table layouts, gaming furniture, table accessories, dice, and roulette wheels. Co. also provides multiple radio frequency identification device (RFID) technologies. Co.'s products and services are used with casino table games such as blackjack, poker, baccarat, craps, and roulette. Co.'s products fall into two categories: non-consumable and consumable. Non-consumable products consist of casino currencies, gaming furniture, and RFID solutions. Consumable products consist of playing cards, table layouts, dice, and table accessories.
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