Ziegler Amends Stock Repurchase Program
27 Julio 2011 - 3:00PM
Marketwired
The Ziegler Companies, Inc. (PINKSHEETS: ZGCO) is pleased to
announce a price per share increase in its stock repurchase program
in accordance with the provisions of Rule 10b5-1 of the Securities
Exchange Act. It is the company's intent to purchase up to 25,000
shares of its common stock on a first come first serve basis per
calendar quarter at a price of up to $20.00 per share of common
stock. To the extent that the company purchases less than 25,000
shares in any given quarter, such un-purchased amounts will be
added to the authorized shares available for purchase for each
quarter going forward.
Interested parties are asked to contact Tom Perry, VP of Retail
Trading for Ziegler, as the company's buyer representative of
company stock. Mr. Perry can be contacted at 312-596-1556 between
8:30 a.m. CT and 3:00 p.m. CT. The stock repurchase program began
November 22, 2010. If the company fills its 25,000 quarterly goals,
it will seek other buyers in order to satisfy shareholder requests
and a director has adopted a similar Rule 10b5-1 program to be able
to participate as an additional purchaser of any shares after the
company satisfies the 25,000 share limit. The company reserves the
right to discontinue the repurchase plan at any time.
For more information about Ziegler, please visit us at
www.Ziegler.com.
About Ziegler: The Ziegler Companies, Inc.
(PINKSHEETS: ZGCO) together with its affiliates (Ziegler) is a
specialty investment bank with unique expertise in complex credit
structures and advisory services. Headquartered in Chicago with
regional and branch offices throughout the U.S., Ziegler creates
tailored financial solutions for our clientele. Ziegler is ranked
nationally as one of the leading investment banking firms in our
specialty sectors of healthcare, senior living, religion, and
education finance as well as corporate finance and FHA/HUD. Ziegler
serves institutional and individual investors through our capital
markets and full-service wealth management professionals.
Certain comments in this news release represent forward-looking
statements made pursuant to the provisions of the Private
Securities Litigation Reform Act of 1995. The forward-looking
statements are subject to a number of risks and uncertainties, in
particular, the overall financial health of the securities
industry, the strength of the healthcare sector of the U.S. economy
and the municipal securities marketplace, the ability of the
Company to underwrite and distribute securities, the market value
of mutual fund portfolios and separate account portfolios advised
by the Company, the volume of sales by its retail brokers, the
outcome of pending litigation, and the ability to attract and
retain qualified employees.
Gary Engle 312-596-1622 Email Contact
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