YOUR BUSINESS AUTHORITY
Springfield, MO
The board of directors for DT Industries has authorized a program to repurchase, from time to time, an amount of its common stock up to a total of 1 million shares. The repurchases may be made on the open market or in negotiated or other permissible transactions.
As of March 29, there were 11,360,362 shares of common stock outstanding.
"Our investment in DT Industries' common stock reflects our overall confidence in the company's future and our commitment to enhancing shareholder value," said Steven Gore, president and chief executive officer of DT Industries. "Because we believe our stock is undervalued, an investment in our common stock reflects an advantageous use of the company's available funds."
DT Industries Inc. is a designer, manufacturer and integrator of automated production systems used to assemble, test or package industrial and consumer products.
[[In-content Ad]]
A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.
$2M in tax credits awarded to SWMO nonprofits
Baldwin, Lathan to chair United Way campaign
Produce recall impacts food sold at Walmart, Aldi and Kroger
Mixed-used development proposed in KC area
Tax deduction program for farmers set to launch
Report: Panera explores sale of Caribou Coffee, Einstein Bros Bagels