Reliv Plans Stock Buyback
Source: San Antonio Business Journal
"Reliv International Inc.'s board authorized $15 million to be used to repurchase the company's stock, according to a release Tuesday.
Relìv has been buying back company stock under a previous $15 million repurchasing plan that was authorized in March 2005, at which time it said it planned to buy that amount of stock over the succeeding three years. Substantially all those funds now have been used, the company said. "Relìv will continue to buy back shares when we believe it is the best use of funds," Robert Montgomery, chairman, CEO and president of Relìv, said in a statement.
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