美国混凝土公司近日宣布,通过停止交易执行,它已经完成了先前宣布的300万股的股票回购计划,该计划是2008年1月由董事会授权的。该公司以2.09美元每股的平均价格购买了300万股。
美国混凝土公司总裁兼首席执行官Michael W. Harlan,对宣布的消息评论说:“美国混凝土公司的管理层和董事会成员都致力于股东利润最大化,同时保持运营和财务的灵活性和足够的现金流。通过此次发布的决定,我们重申我们对于公司长远未来的信心。基于我们对前景的展望,我们期望在2008年产生更多的现金流。目前的股价水平,我们认为是公司和股东执行停止交易和回购公司普通股最适合的利润水平。公司11月的下一个定期董事会会议上,我们将评估另一个股票回购计划。”
附英文:
U.S. Concrete Completes Share Repurchase Program
(HOUSTON, Texas) -- U.S. Concrete, Inc. (Nasdaq: RMIX) announced today that,
through a block trade transaction executed today, it has completed its previously
announced 3 million share repurchase program authorized by its Board of Directors
in January of 2008.The Company purchased 3 million shares at an average price
of $2.09 per share, which it intends to retire.
Commenting on the announcement, Michael W. Harlan, U.S. Concrete’s President and Chief Executive Officer, stated, "U.S. Concrete’s management
and Board of Directors are committed to maximizing shareholder value while
maintaining operating and financial flexibility and adequate liquidity. With this
announcement today, we reaffirm our confidence in the long-term future of the
Company. Based on our outlook, we expect to generate positive free cash flow in
2008. At these current share price levels, we believe it was in the best interest
of the Company and its stockholders to execute this block trade transaction and
repurchase shares of the Company’s common stock. We will evaluate an
additional share repurchase program at the Company’s next regularly scheduled
Board of Directors meeting in November."
















