Lexmark International will repurchase
up to $150 million of its Class A common stock. Lexmark already authorized the
repurchase of $50 million
in stock in April 1996, and has repurchased 1.6 million shares for
$36.8 million since then. The repurchased shares will be held for future use.
Tech Industry
Short Take: Lexmark to repurchase more shares
Lexmark International will repurchase up to $150 million of its Class A common stock. Lexmark already authorized the repurchase of $50 million in stock in April 1996, and has repurchased 1.6 million shares for $36.8 million since then. The repurchased shares will be held for future use.
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Discuss: Short Take: Lexmark to repurchase more shares
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