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Dialysis Corporation of America Announces Share Repurchase Program
Date:4/13/2009

LINTHICUM, Md., April 13 /PRNewswire-FirstCall/ -- Dialysis Corporation of America (Nasdaq: DCAI) announced that its Board of Directors has approved a stock repurchase program, effective April 13, 2009. Under the program, the company is authorized to repurchase up to $3 million of its outstanding shares of common stock from time to time, depending on market conditions, share price and other factors.

The stock purchases will be made out of available cash in open market transactions at the prevailing market price or through privately negotiated transactions.

"This stock repurchase program underscores the level of confidence we have in our company and is aligned with our commitment to deliver long-term shareholder value," said Thomas K. Langbein, Chairman of the Board.

The duration of the repurchase program is open-ended but may be suspended or discontinued at any time in the discretion of the company's management without prior notice. As of April 13, 2009, the company had approximately 9.6 million shares of common stock outstanding.

Dialysis Corporation of America owns and operates freestanding kidney hemodialysis centers located in Georgia, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, and Virginia, and provides in-hospital dialysis services on a contract basis to certain hospitals located in the those states. The company provides patients with their choice of a full range of quality in-center, acute or at-home hemodialysis services.

This release contains forward-looking statements that are subject to risks and uncertainties that could affect the business and prospects of the company and cause actual results and plans to differ materially from those anticipated. Those factors include, but are not limited to, increases in interest rates, the possible need fo
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SOURCE Dialysis Corporation of America
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