PSS World board approves share buyback
Medical products distributor PSS World Medical Inc. said Friday its board has approved a plan to repurchase up to 5 percent of the company's shares.
This is in addition to shares left under existing buyback authorizations.
As of May 20, the company had about 55.5 shares outstanding, according to a regulatory filing.
Its shares slipped 5 cents to $27.24 in morning trading Friday.