Reliv International to Resume Activity in Its Share Repurchase Program
CHESTERFIELD, Mo., Aug. 23 /PRNewswire-FirstCall/ -- Reliv International, Inc., (Nasdaq: RELV - News), a developer, manufacturer and marketer of proprietary nutritional supplements, today said it has resumed activity in its share repurchase program.
In announcing the resumption, Robert L. Montgomery, chairman, president and CEO of Reliv, stated, "Current market conditions have made repurchase by Reliv of its common stock an attractive use of funds at this time."
In March 2005, the Board of Directors approved a share repurchase plan of up to $15 million over the next 36 months. To date, Reliv has purchased 433,000 shares of common stock under the plan and had approximately $10.7 million still available.
