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Pope Resources
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.
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