Market Overview

Pope Resources Extends Buyback Plan to Dec. 2013

Related POPE
Top 4 Small-Cap Stocks In The Lumber, Wood Production Industry With The Highest EPS
Pope Resources Increases Quarterly Distribution 22% to $0.55/Unit

Pope Resources (NASDAQ: POPE) announced today that the company has extended its repurchase plan of limited partner units to December 2013. This plan was originally adopted in December 2008 and authorized total repurchases amounting to up to $5.0 million, of which $2.5 million has been spent. The extension announced today allows for repurchases of the remaining unused $2.5 million, subject to certain conditions and other contingencies established under the plan and certain restrictions arising under applicable law.

Posted-In: News Buybacks

 

Related Articles (POPE)

Around the Web, We're Loving...

Get Benzinga's Newsletters