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The board increased the authorised remaining shares in the programme back up to 1m shares after that purchased as of 13 August 2009, permitting Comfort to acquire up to another 476,400 shares of its outstanding common stock.
Comfort's existing stock repurchase programme had authorised the buyback of up to 4.4m of its outstanding common stock previously it said and up to 13 August 2009, 3,875,409 shares were repurchased at a total price of USD43.1m.
The company will repurchase shares from time to time with available cash at its discretion in the open market or privately negotiated transactions, under securities laws and other legal requirements and subject to market conditions and other factors.
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