The Philadelphia-based Tasty Baking Company yesterday (28 August) announced that its board of directors has renewed the company’s stock repurchase programme.
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Under the terms of the scheme, the company may acquire 400,000 shares of Tasty Baking common stock at a purchase price not to exceed US$4m before 28 July 2008.
As of 25 August the Company has acquired 41,960 shares of common stock under the programme.
