Navigation Links
Vasomedical Announces Share Repurchase Program of up to $1.5 Million in Common Stock
Date:4/1/2013

WESTBURY, N.Y., April 1, 2013 /PRNewswire/ -- Vasomedical, Inc. (OTC BB: VASO), announced today that its Board of Directors has authorized a share repurchase program of up to $1.5 million of the Company's common stock. As of Friday, March 29, 2013, this would represent approximately 5% of the total outstanding shares of Vasomedical common stock.

"We have the capital resources available to implement a fairly aggressive stock repurchase program such as this, which amounts to roughly 5% of our total outstanding shares, and still invest in our company's business to drive future growth. We believe that our share price does not properly reflect the current value of our business or its potential future performance," said Dr. Jun Ma , President and Chief Executive Officer of Vasomedical, Inc. "We have a strong financial profile that gives us the flexibility to focus on our future plans to grow sales and achieve profitability, while supporting our stock. We believe this strategy shows our commitment to building shareholder value as well as confidence in achieving long-term growth."  

The share repurchase program is effective immediately. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice. The Company is under no obligation to fulfill the entire amount of the stock buyback program approved by the Board.

About Vasomedical
Vasomedical, Inc. is a diversified medical technology company specializing in the manufacture and sale of medical devices and in the domestic sale of diagnostic imaging products.  The Company's main proprietary products are EECP® Therapy systems, the gold standard of ECP treatment. The Company operates through three wholly owned
'/>"/>

SOURCE Vasomedical, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Vasomedical Announces Financial Results for the Fourth Quarter and Year Ended 2012
2. Vasomedical to Report Fourth Quarter and Year End 2012 Results on April 1, 2013
3. Vasomedical, Inc. Investor Presentation Now Available for On-demand Viewing at RetailInvestorConferences.com
4. Vasomedical, Inc. to Present Live Webcast at RetailInvestorConferences.com on February 7th
5. The International EECP Therapists Association and Vasomedical Announce Second Annual EECP Therapy Week
6. Vasomedical Common Stock Commences Trading on the OTCBB
7. Vasomedical Announces Financial Results for the Third Quarter of 2012
8. Vasomedical Named on Deloittes 2012 Technology Fast 500 List
9. Vasomedical Retains KCSA Strategic Communications as Corporate Communications Counsel
10. Bovie Medical Corporation Announces Fiscal Year 2012 Financial Results
11. Cardiac Science announces definitive agreement to sell its Diagnostic Cardiology product line to Mortara Instrument, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/27/2015)... 2015 Securities lawyers at Dunnam & ... Ltd. (NASDAQ: SLXP ) in connection with ... investors are encouraged to contact attorney Hamilton Lindley by ... focuses upon the shareholder value of the transaction. Under ... only $158.00 per share in cash. At least one ...
(Date:2/27/2015)... , February 27, 2015 Report ... study showing you trends, R&D progress, and predicted revenues ... heading? What are the commercial prospects for this market ... potential revenues and other trends to 2025, discussing data, ... lets you assess regenerative medicine : cell-based therapies ...
(Date:2/27/2015)...  Organovo Holdings, Inc. (NYSE MKT: ONVO) ("Organovo"), ... 3D bioprinting technology, announced today that Keith ... present live at VirtualInvestorConferences.com on March 5th. ... for this Company update," said Mr. Murphy. "We ... of the exVive3D Liver, Bioprinted Human Tissue, commercialization ...
Breaking Medicine Technology:Translational Regenerative Medicine: Market Prospects 2015-2025 2Translational Regenerative Medicine: Market Prospects 2015-2025 3Translational Regenerative Medicine: Market Prospects 2015-2025 4Translational Regenerative Medicine: Market Prospects 2015-2025 5Translational Regenerative Medicine: Market Prospects 2015-2025 6Translational Regenerative Medicine: Market Prospects 2015-2025 7Translational Regenerative Medicine: Market Prospects 2015-2025 8Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcast on March 5th 2Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcast on March 5th 3Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcast on March 5th 4
(Date:2/27/2015)... The winter season is here, and with ... mold grows, it can be harmful to the home and ... consequences of mold growth with the help of Enviro-Test. Enviro-Test, ... on the best ways to prevent mold during the winter ... conditions for mold to thrive. Mold must be removed properly, ...
(Date:2/27/2015)... 27, 2015 Mediaplanet today announces the ... a campaign that aims to bring blood health and ... conversation. The stories in this edition go beyond the ... clinical care, hard-hitting advocacy, research and technological strides needed ... the American Cancer Society, approximately every 3 minutes ...
(Date:2/27/2015)... 2015 “ Logical Operations ” was ... Report, which takes a look at the latest and ... Sofastaii, a special reporter for NewsWatch and a technology ... this company helps companies avoid cyber security threats. , ... probably see cyber security somewhere in the headlines. Well, ...
(Date:2/27/2015)... Florida (PRWEB) February 27, 2015 The ... organization devoted exclusively to funding innovative lymphoma research and ... education programs, outreach initiatives and patient services – is ... Florida community, returning to the greater Miami area to ... Gorce Country Club in Miami Beach on Thursday, March ...
(Date:2/27/2015)... NY (PRWEB) February 27, 2015 Ticket Down ... for his "Forest Hills Drive Tour Act 3: Hollywood" ... "2014 Forest Hills Drive" which debuted on the charts at ... album. In March, this accomplished hip-hop artist will begin ... early March and will visit cities such as San Antonio, ...
Breaking Medicine News(10 mins):Health News:Enviro-Test Offers Tips for Winter Mold Prevention 2Health News:Know Your Blood: Raising Awareness through Mediaplanet’s “Blood Health” Campaign 2Health News:A Way for Companies to Avoid Cyber Security Threats was Featured on NewsWatch Television on January 30, 2015 2Health News:Lymphoma Research Foundation Returns to Miami Beach For Exclusive Swirl Wine Tasting Event 2Health News:J. Cole Tickets in Los Angeles, Mountain View, Chula Vista, New York, Chicago, Indianapolis, Holmdel, Dallas, Seattle, Camden, Bristow, Atlanta, Houston & Detroit On Sale 2Health News:J. Cole Tickets in Los Angeles, Mountain View, Chula Vista, New York, Chicago, Indianapolis, Holmdel, Dallas, Seattle, Camden, Bristow, Atlanta, Houston & Detroit On Sale 3
... It,s estimated that almost 2.5,million Latinos in the ... those,44% will be over the age of 65. So ... are vividly present. While Medicare can cover,medical services, the ... managing complicated medical conditions., It,s widely known that ...
... Injury Association (CALBIA), a non-profit membership organization ... affected by brain injury, together with the ... individuals sustaining traumatic brain injury , invite ... most important professional medical/legal conferences dealing with traumatic ...
... coast recently to raise funds for the 26th annual MS Bike Tour. ... ... 11 and 12, bike riders from DoctorDisability.com, a provider of disability ... coast to raise over $2 million for MS research. The cyclists ...
... to help users quickly find local doctors and medical professionals who ... ... (PRWEB) October 28, 2008 -- The all-new find a doctor ... and even health insurance affiliation. With a beta version of the ...
... to strategically engage clients globally. AMD seeks to deepen its service ... countries. , ... North Chelmsford, MA (PRWEB) October 28, ... technology, the accumulation of multiple sites as well as the addition ...
... the sedative propofol may be at high risk for ... 2008, the 74th annual international scientific assembly of the ... use of propofol as an antiepileptic agent in patients ... not respond to initial treatment, was associated with significant ...
Cached Medicine News:Health News:Advanced Health Care Options for People With Diabetes 2Health News:California Brain Injury Association and Scarlett Law Group Conduct Medical/Legal Conference on Traumatic Brain Injury November 21 - 23rd, 2008 2Health News:California Brain Injury Association and Scarlett Law Group Conduct Medical/Legal Conference on Traumatic Brain Injury November 21 - 23rd, 2008 3Health News:Riders from DoctorDisability.com Participate in 26th Annual Bike MS Tour 2Health News:Riders from DoctorDisability.com Participate in 26th Annual Bike MS Tour 3Health News:All-New Doctor.com Unites Powerful Doctor Search with Unique Social Media Features 2Health News:All-New Doctor.com Unites Powerful Doctor Search with Unique Social Media Features 3Health News:All-New Doctor.com Unites Powerful Doctor Search with Unique Social Media Features 4Health News:AMD Global Telemedicine, Inc. Forms Telemedicine Design Group 2Health News:Anti-seizure drug could be fatal 2
... The IMMULITE 1000 immunoassay system features ... reliability, robust hardware and excellent assay ... reagents and accommodates onboard dilutions, positive ... , Worldwide, IMMULITE 1000 (and its ...
... The AIA-1800 is the newest and most ... Inc. The AIA-1800 launches with a full ... markers, thyroid, reproductive, cardiac, and anemia assays. ... throughput, bar-coded primary tube sampling, auto dilution, ...
The FastPack system is a state of the art, lab quality immunoassay system designed for rapid results. The FastPack system delivers lab-quality sensitivity at a fraction of the cost of laboratory....
... 250 is a flexible system ... multiple environments small hospitals, ... and satellite locations. The Vitros ... and can be automated or ...
Medicine Products: