Markets
U.S. close in 4 hrs, 36 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
K-Swiss board authorizes $70 million stock buyback
AP
WESTLAKE VILLAGE, Calif. -Athletic shoe and apparel company K-Swiss Inc. on Wednesday said its board authorized a new program to buy back up to $70 million in stock.
The program replaces the company's existing 2004 buyback plan for up to 5 million shares, which expires on Dec. 31.
The company may purchase up to $70 million of its Class A stock through Dec. 31, 2014.
K-Swiss shares finished Tuesday's trading at $8.24.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-11 08:06:13
COMMENTS ( 0 )
Latest Money News
CNNMoney
- Turnaround expert: Eight stocks below 1999 highs
- Heinz looking good after the second quarter?
- Why isn't Bank of America updating its shareholders on CEO situation?
- Options Update: HSBC Holdings volatility low; uncertainty of Dubai exposure
- Before the bell: Futures sharply lower on Dubai's debt problems