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Quotes & Info
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| RFIL > SEC Filings for RFIL > Form 8-K on 4-Nov-2008 | All Recent SEC Filings |
4-Nov-2008
Other Events
On September 22, 2008, RF Industries, Ltd. (the "Company") announced a new plan to repurchase up to 100,000 shares of common stock, par value $0.01 per share, of the Company. By October 28, 2008, the Company had completed the repurchase of all of those shares. Accordingly, on November 4, 2008, the Company announced that it would repurchase up to an additional 100,000 shares from time to time in the open market in compliance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended. Rule 10b-18 is a "safe harbor" rule, which allows issuers to repurchase shares of their own stock in the public market, subject to compliance with particular repurchase requirements.
The Company issued a press release on November 4, 2008 announcing its additional stock repurchase program. A copy of the November 4, 2008 press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
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