Nathan's Famous Inc makes share purchase under new repurchase programme
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NATH | Quote | Chart | News | PowerRating -- Fast food restaurant group Nathan's Famous Inc (NASDAQ:NATH) said on
Tuesday that its board of directors has authorised the company to buy
up to 500,000 shares of its common stock.
Following this approval Nathan's has signed an agreement to purchase
238,129 shares.
Additional purchases will be made in open market or privately
negotiated transactions, at prices the management deems appropriate,
depending on market conditions. The company has set no time limit on
the repurchases.
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