Navigation Links
Dynatronics Announces $250,000 Increase in Stock Buyback Program
Date:12/4/2007

Dynatronics to Repurchase Up to $250,000 of the Company's Common Stock

SALT LAKE CITY, Utah, Dec. 4 /PRNewswire-FirstCall/ -- Dynatronics Corporation (Nasdaq: DYNT) today announced that its board of directors has increased its open market share repurchase program of the company's common stock by $250,000.

"This decision reflects the confidence of management and our board of directors in the future of the company and our commitment to increasing shareholder value," said Kelvyn H. Cullimore, president of Dynatronics. "At the current price, we feel the stock is undervalued and the repurchase of shares represents an appropriate use of our resources at this time."

Dynatronics expects to make the discretionary purchases with cash from operations and amounts available under its line of credit. Currently, increased borrowings would be required to complete the full repurchase program. At the present price of $1.13 per share, the full repurchase would comprise approximately 221,000 shares of stock, or approximately 2 percent of the company's issued and outstanding shares. The purchases will be made at the discretion of management over an indefinite period and the program can be terminated at any time. The company is not obligated to make any purchases under the plan.

Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, pain management, sports medicine, chiropractic, podiatry, plastic surgery, dermatology and other medical, cosmetic and aesthetic markets.

For more information, please visit the Company's web site at: '/>"/>

SOURCE Dynatronics Corporation
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Dynatronics Announces Strong Fourth Quarter Profit
2. Dynatronics Adds Three Additional Direct Sales Reps
3. Dynatronics to Release First Quarter Results Monday, November 19, 2007; Conference Call Set for 1:30 p.m. ET
4. Dynatronics Acquisitions Increase Sales 91 Percent in First Quarter
5. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
6. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
7. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
8. HEI, Inc. Announces Sale of RFID Division Assets
9. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
10. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
11. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... Do you ever feel difficulty in ... wonderful app Metassessor for teachers, specialists and parents. SIMpalm, ... its client “Intervention Development LLC” to launch Metassessor App ... for iOS 4.3 or later and is Compatible with ... for iPhone 5. It is now available on Apple ...
(Date:10/19/2014)... BambooIndustry.com, one of the most popular suppliers of bamboo ... deckings . Moreover, the company has launched a special ... at deeply discounted rates. , As is known ... significance of online business nowadays. Thus, BambooIndustry.com pays a ... are striving to deliver both value and efficiency for ...
(Date:10/19/2014)... Having been working in the garment industry for ... needs. According to James, one of the company’s top designers, ... with high-low skirts that add beauty to them. Chiffon floor ... has unveiled its new selection of 2014 long prom dresses. ... new items are available in over 20 popular designs. The ...
(Date:10/19/2014)... SweetDressy.com, a professional company of women’s dresses and ... evening dresses . All the company’s old and ... discount is up to 66 percent off. , ... fashion field. Its dress specialists are striving to make ... of the world. All the company’s items are unique, ...
(Date:10/19/2014)... stem cell-based research could improve understanding of intestinal diseases ... suggests. Scientists used stem cells to grow "organoids" ... They then transplanted the organoids into mice, creating a ... researchers. "This provides a new way to study ... failure, from genetic disorders appearing at birth to conditions ...
Breaking Medicine News(10 mins):Health News:Metassessor App Launched: an RTI tool for Teachers & Parents 2Health News:Metassessor App Launched: an RTI tool for Teachers & Parents 3Health News:High Quality Bamboo Deckings, New Items Unveiled By BambooIndustry.com 2Health News:2014 Long Prom Dresses From LunaDress Now Available In Over 20 Popular Designs 2Health News:Promotion For Beautiful Long Evening Dresses Launched By SweetDressy.com 2Health News:Scientists Grow, Implant Human Intestinal Tissue in Mice 2
... Tuesday, November 13, 8:00 EST -, SOUTH ... Sheets: VXGN), a biopharmaceutical company, and Raven,biotechnologies, inc., ... monoclonal antibody therapeutics (MAbs) for treating cancer, announced,today ... approved a,definitive merger agreement. The merger is expected ...
... WARSAW, Ind., Nov. 12 Symmetry Medical Inc.,(NYSE: ... to the global orthopedic,device industry and other medical ... review of accounting irregularities at its Sheffield,UK operating ... estimate that the,overstatement of revenue and income before ...
... time, researchers add , MONDAY, Nov. 12 (HealthDay News) -- ... late in youngsters with attention deficit hyperactivity disorder (ADHD), their ... by researchers at the U.S. National Institute of Mental Health ... in children with ADHD was most prominent in regions at ...
... 2007) The Foundation for the Scientific Study of Sexuality ... Award to Rutgers College of Nursing emerita faculty member Beverly ... its 50th anniversary meeting of the Society for the Scientific ... Bonnie and Vern L. Bullough Award is given by FSSS ...
... U.N. Environmental Initiative to Pittsburgh, PITTSBURGH, ... and social responsibility, today Bayer,employee-volunteers and Chartiers ... grabbed their spades and planted trees on ... it has joined the United,Nations Environment Programme,s ...
... Nov. 12 ULURU Inc. (Amex:,ULU) today announced that ... quarter 2007 financial results and provide a general business ... Time with Kerry P.,Gray, President and CEO. To ... for,international callers dial (850) 429-1388 (access code 9283#) five ...
Cached Medicine News:Health News:VaxGen and Raven biotechnologies Announce Signing of Definitive Merger Agreement 2Health News:VaxGen and Raven biotechnologies Announce Signing of Definitive Merger Agreement 3Health News:VaxGen and Raven biotechnologies Announce Signing of Definitive Merger Agreement 4Health News:VaxGen and Raven biotechnologies Announce Signing of Definitive Merger Agreement 5Health News:VaxGen and Raven biotechnologies Announce Signing of Definitive Merger Agreement 6Health News:Symmetry Medical Provides Update of Previously Disclosed Accounting Review at Sheffield, UK Operating Unit 2Health News:Symmetry Medical Provides Update of Previously Disclosed Accounting Review at Sheffield, UK Operating Unit 3Health News:Symmetry Medical Provides Update of Previously Disclosed Accounting Review at Sheffield, UK Operating Unit 4Health News:ADHD Delays Growth of Certain Brain Areas 2Health News:Rutgers College of Nursing emerita professor Beverly Whipple receives FSSS book award 2Health News:Bayer Plants Trees With Chartiers Valley Intermediate School Students, Provides Free Environmental Education Materials 2Health News:Bayer Plants Trees With Chartiers Valley Intermediate School Students, Provides Free Environmental Education Materials 3Health News:Bayer Plants Trees With Chartiers Valley Intermediate School Students, Provides Free Environmental Education Materials 4Health News:ULURU Inc. Announces Conference Call to Discuss Financial Results for the Third Quarter Ended September 30, 2007 and Provide a Business Update 2
(Date:10/20/2014)... , Oct. 20, 2014  Indianapolis interventional ... Toronto -based 3D visualization leader ... Congress of Neurological Surgeons Annual Meeting that they ... for brain surgery. The collaboration is the first ... combination to improve patient outcomes. NICO,s BrainPath® interventional ...
(Date:10/20/2014)...  ResMed (NYSE: RMD ) today ... program, a comprehensive suite of software and service ... health care providers. ResMed Data ... information. It integrates valuable sleep and respiratory treatment ... platforms with customers, in-house or third-party electronic health ...
(Date:10/20/2014)... , Oct. 20, 2014   BioNano Genomics announced ... the ability to collect human data at 30X depth, sufficient ... chip.  This new capability was established and demonstrated for the ... Irys TM System and will be rolled out ... BioNano will be showcasing this advancement at the American ...
Breaking Medicine Technology:Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 2Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 3Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 4Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 5ResMed Launches ResMed Data Exchange 2BioNano Genomics Announces One Human : One Chip : One Day 2BioNano Genomics Announces One Human : One Chip : One Day 3
... Pharmaceutical Institute, the leading provider of specialized ... and a subsidiary of Campbell Alliance, announced today ... Therapeutic Area Essentials™ e-course series. ... pharmaceutical and biotech R&D and commercial professionals.  It ...
... (SMEV.PK), the manufacturer and developer of medical, aesthetic, weight ... has been invited to present at the National Eagles ... tomorrow, Tuesday, June 21, 2011, at the prestigiously renowned ... NEAA is a national alliance of institutional and individual high ...
Cached Medicine Technology:Therapeutic Area Essentials "Class of 2011" Brings Current Disease State Training to Pharma 2Simulated Environment Concepts to Present at National Eagles and Angels Association New York Meeting 2
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: