Stock Repurchase Program - 500 Beiträge pro Seite
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Press Release Source: First Horizon Pharmaceutical Corporation
First Horizon Pharmaceutical Corporation Increases and Extends Stock Repurchase Program
Monday August 25, 4:15 pm ET
ALPHARETTA, Ga., Aug. 25 /PRNewswire-FirstCall/ -- First Horizon Pharmaceutical Corporation (Nasdaq: FHRX - News), today announced that its Board of Directors has authorized the repurchase of up to $10,000,000 of the Company`s common stock, less the $2.1 million of shares previously repurchased by the Company since inception of the repurchase program in 2002. These repurchases may be made from time to time in open market or private transactions as market conditions dictate. The Board also acted to extend the repurchase program to August 31, 2004.
First Horizon Background
First Horizon Pharmaceutical Corporation is a specialty pharmaceutical company that markets prescription products in four therapeutic areas: cardiology, obstetrics and gynecology, pediatrics and gastroenterology. The Company has a portfolio that includes 17 branded prescription products of which 6 are actively promoted to high-prescribing physicians through its nationwide marketing and sales force. First Horizon employs over 200 people and reported revenue of $115 million in 2002. The Company`s website address is http://www.firsthorizonpharm.com.
First Horizon Pharmaceutical Corporation Increases and Extends Stock Repurchase Program
Monday August 25, 4:15 pm ET
ALPHARETTA, Ga., Aug. 25 /PRNewswire-FirstCall/ -- First Horizon Pharmaceutical Corporation (Nasdaq: FHRX - News), today announced that its Board of Directors has authorized the repurchase of up to $10,000,000 of the Company`s common stock, less the $2.1 million of shares previously repurchased by the Company since inception of the repurchase program in 2002. These repurchases may be made from time to time in open market or private transactions as market conditions dictate. The Board also acted to extend the repurchase program to August 31, 2004.
First Horizon Background
First Horizon Pharmaceutical Corporation is a specialty pharmaceutical company that markets prescription products in four therapeutic areas: cardiology, obstetrics and gynecology, pediatrics and gastroenterology. The Company has a portfolio that includes 17 branded prescription products of which 6 are actively promoted to high-prescribing physicians through its nationwide marketing and sales force. First Horizon employs over 200 people and reported revenue of $115 million in 2002. The Company`s website address is http://www.firsthorizonpharm.com.
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