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PSS World board approves share buyback

Fri, 06/17/2011 - 5:45am
The Associated Press

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.

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