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Allied Healthcare approves $10 mln buyback plan

Tue, 05/18/2010 - 4:10am
The Associated Press

Allied Healthcare will buy back up to $10 million in its own shares, the company said Tuesday.

The plan, approved by the board of directors, will use cash on hand and cash flow from operations. Allied had 45.1 million common shares outstanding as of Friday.

Allied Healthcare International Inc., based in New York, provides health care staffing services in the U.K.

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