Loading…
Friday, October 31, 2014
Current Weather
Loading Current Weather....
HomeNewsLocal
Published: Thursday, 12/6/2001

Manor Care renews stock-buyback authority

FROM BLADE STAFF

The board of directors of Manor Care, Inc., has authorized the purchase of up to $100 million of the Toledo-based nursing home operator's common stock until Dec. 31, 2003.

The authorization, announced yesterday, is a renewal of similar authority granted in February, 2000. The share purchases may be used for internal stock options, 401(k) matching, and for possible acquisitions.

As of Nov. 30, the company had 102,361,390 common shares outstanding.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.






Poll