Navigation Links
NBTY Founder Adopts Rule 10b5-1 Trading Plan
Date:11/13/2008

RONKONKOMA, N.Y., Nov. 13 /PRNewswire-FirstCall/ -- NBTY, Inc. (NYSE: NTY) (http://www.NBTY.com), a leading global manufacturer and marketer of nutritional supplements, today announced that Arthur Rudolph, its Founder and a member of its Board of Directors, has adopted a pre-arranged stock trading plan to sell a portion of his NBTY stock over time, as part of his long term strategy of asset diversification and liquidity. The stock trading plan was adopted in accordance with Rule 10b5-1 of the U.S. Securities Exchange Act of 1934 and NBTY's policies with respect to insider trading.

Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. Using these plans, insiders can diversity their investment portfolios and can avoid concerns about whether they had material, non-public information when they sold their stock.

Under his Rule 10b5-1 plan, which is effective as of December 2, 2008, Mr. Rudolph may sell up to 240,000 shares of NBTY stock over a period of two years, starting in December 2008 and terminating in December 2010, subject to certain price targets and other restrictions. Mr. Rudolph's previously announced Rule 10b5-1 Trading Plan will terminate on December 1, 2008. No shares had been sold under the prior plan as of November 13, 2008.

ABOUT NBTY

NBTY is a leading global vertically integrated manufacturer, marketer and distributor of a broad line of high-quality, value-priced nutritional supplements in the United States and throughout the world. Under a number of NBTY and third party brands, the Company offers over 22,000 products, including products marketed by the Company's Nature's Bounty(R) (http://www.NaturesBounty.com), Vitamin World(R) (http://www.VitaminWorld.com), Puritan's Pride(R) (http://www.Puritan.com), Holland & Barrett(R) (http://www.HollandAndBarrett.com), Rexall(R) (http://www.Rexall.com), Sundown(R) (http://www.SundownNutrition.com), MET-Rx(R) (http://www.MetRX.com), Worldwide Sport Nutrition(R) (http://www.SportNutrition.com), American Health(R) (http://www.AmericanHealthUS.com), GNC (UK)(R) (http://www.GNC.co.uk), DeTuinen(R) (http://www.DeTuinen.nl), LeNaturiste(TM) (http://www.LeNaturiste.com), SISU(R) (http://www.SISU.com), Solgar(R) (http://www.Solgar.com), Good 'n' Natural(R) (http://www.goodnnatural.com), Home Health(TM) (http://www.homehealthus.com), Julian Graves, and Ester-C(R) (http://www.Ester-C.com) brands. NBTY routinely posts information that may be important to investors on its web site.

Contact: Harvey Kamil Carl Hymans

NBTY, Inc. G.S. Schwartz & Co.

President & Chief Financial Officer 212-725-4500

631-200-2020 carlh@schwartz.com


'/>"/>
SOURCE NBTY, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Bright Horizons Founders Receive Corporate Partner Award from Ackerman Institute
2. Norma Smith and Dr. Steven A. Stuchin honored at 2008 Founders Gala for NYU Hospital for Joint Diseases
3. Stages Of Grief Refuted As Inaccurate and Dangerous By Grief Recovery Institute Founders In Skeptic Magazine Article
4. HealthTalker Founder and CEO Andrew Levitt to be Featured at 'Health 2.0: User-Generated Healthcare 2008'
5. Help for Stutterers on The Doctors TV Show Presented by Power Stuttering Center Founder Mark Power
6. GetResearchSmart LLC Website Founder Honored as Guest Editor
7. Playboy founder embodies American Dream; changes American culture
8. FemmePharma Founder Honored by PharmaVOICE
9. Group RCI Gifts $100,000 to Christel House International Founder at Company Block Party
10. Sunrise Senior Living Founder and CEO to Become Chairman
11. The Chopra Center Co-founders Will Teach a Beginning Course in Meditation and Mind-body Healing This August in Chicago
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... York, NY (PRWEB) , ... October 13, 2017 , ... ... influential people in business to advocate for action towards gender equality at their inaugural ... views from around the globe, and reached a social audience of over 3 million. ...
(Date:10/13/2017)... ... , ... Talented host, actor Rob Lowe, is introducing a ... episode of "Success Files," which is an award-winning educational program broadcasted on PBS ... in-depth with passion and integrity. , Sciatica occurs when the sciatic nerve in ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: the Christian history ... The Brink” is the creation of published author, William Nowers. Captain Nowers and ... WWII veteran, he spent thirty years in the Navy. Following his career as ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the ... today its plans to open a flagship location in Covington, LA at 401 N. ... To Go store next to Office Depot in the Holiday Square shopping center. Its ...
(Date:10/12/2017)... ... 2017 , ... The American College of Medical Informatics (ACMI) will present the ... Opening Session of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium ... a pioneer in the field of medical informatics, this prestigious award is presented to ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... Sept. 28, 2017 Hill-Rom Holdings, Inc. (NYSE: ... conference call and webcast on Friday, November 3, 2017, ... and ending at approximately 8:30 a.m. (CDT) / 9:30 ... company,s 2017 financial performance and guidance for 2018, Hill-Rom ... to enhance operational performance, and long-range financial outlook through ...
(Date:9/27/2017)... NEW YORK , Sept. 27, 2017  DarioHealth Corp. ... big data solutions, today announced that its MyDario product is expected to ... TV listings for when The Dr. Oz Show airs in your area: ... The nine-time Emmy award-winning, ... ...
(Date:9/23/2017)... Janssen Biotech, Inc. (Janssen) announced today that ... U.S. Food and Drug Administration (FDA) for the Biologics ... treatment of moderately to severely active rheumatoid arthritis (RA). ... needed to further evaluate the safety of sirukumab in ... "We are disappointed ...
Breaking Medicine Technology: