Microtek Medical Holdings Adds Additional Shares to its Stock Repurchase Program
05 Septiembre 2006 - 8:00AM
PR Newswire (US)
ALPHARETTA, Ga., Sept. 5 /PRNewswire-FirstCall/ -- Microtek Medical
Holdings, Inc. (NASDAQ:MTMD) today announced that its Board of
Directors has authorized the repurchase of up to an additional 2
million shares of the Company's common stock. This authorization
increases the number of shares authorized to be repurchased under
the Company's existing share repurchase program from 2 million
shares to 4 million shares. These amounts include approximately 1.7
million shares previously purchased by the Company since the
inception of its repurchase program. These repurchases may be made
from time to time in open market or private transactions as market
conditions dictate. As modified, the Company's share repurchase
program has no set expiration date. About Microtek Medical
Holdings, Inc. Microtek Medical is a leading manufacturer and
supplier of innovative product solutions for patient care,
occupational safety and management of infectious and hazardous
waste for the healthcare industry. Headquartered near Atlanta,
Georgia, the Company offers an extensive line of infection control,
fluid control and safety products, such as disposable equipment and
patient drapes, which are marketed to healthcare professionals
through multiple channels, including direct sales, original
equipment manufacturers ("OEM's") and private label arrangements.
Microtek Medical's goal is to provide healthcare professionals with
innovative product solutions that encompass a high-level of patient
care and prevention of cross infection in operating rooms and
ambulatory surgical centers worldwide. For further information,
visit http://www.microtekmed.com/. DATASOURCE: Microtek Medical
Holdings, Inc. CONTACT: Dan R. Lee, President & CEO, or Jerry
Wilson, CFO, or John Mills, Investor Relations, , all of Microtek
Medical Holdings, Inc., +1-800-476-5973 Web site:
http://www.microtekmed.com/
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