Single Page | 
Multiple Pages
Home > BizTimes Daily > Archives > September 30, 2008
Brady Corp. approves stock buyback plan
Published September 30, 2008 - BizTimes Daily
Milwaukee-based Brady Corp. announced today that its board of directors has authorized a share buyback program for up to 1 million additional shares of the company's common stock.
The share repurchase plan may be implemented from time to time on the open market or in privately negotiated transactions, with repurchased shares available for use in connection with the company's stock-based plans and for other corporate purposes.
"Brady's continued strong cash flow provides us the flexibility to re-purchase shares opportunistically as markets allow, and reduce the dilutive effect of our equity-based incentive plans," said Brady chief financial officer Thomas Felmer.
Brady is an international manufacturer and marketer of complete solutions that identify and protect premises, products and people. Its products include high-performance labels and signs, safety devices, printing systems and software, and precision die-cut materials.
