Seneca Foods Corporation Buyback
OLI recorded this information on 3/10/2015
Company:
Seneca Foods Corporation
Buyback:
SENEA buyback
Share Amount Authorized:
2,500,000
Buyback Details:
Seneca Foods Corporation (Nasdaq:SENEA) (Nasdaq:SENEB) announced today that its Board of Directors has authorized an expanded share repurchase program. The Company had previously announced a share repurchase program. Under this previously announced program, the Company still has available 584,814 shares to be repurchased as of March 6, 2015. The new program permits the Company to buy up to a total of 2,500,000 common shares, whether Class A or Class B shares, in open market or privately negotiated transactions at the discretion of management.
Seneca Foods is a provider of packaged fruits and vegetables. Co.'s principal product offerings include canned, frozen and bottled produce, and snack chips. Co. manufactures and sells the following: private label products to retailers, such as supermarkets, mass merchandisers, and specialty retailers, for resale under the retailers' own or controlled labels; private label and branded products to the foodservice industry, including foodservice distributors and national restaurant operators; and branded products under national and regional brands that Co. owns or licenses, including Seneca®, Libby's®, Aunt Nellie's®, Cherryman®, Green Valley® and READ®.
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Sell (1.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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