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Armanino Foods of Distinction Inc. Message Board

  • bellbell63 bellbell63 Apr 12, 2013 8:05 PM Flag

    Some tidbits from 2012 Ann Report

    Stock repurchase - just about done
    --------
    ...respectively, bringing the total amount authorized for
    the stock repurchase program to $2,500,000. As of December 31, 2012
    the Company has acquired a total of 3,102,135 shares of its common
    stock at an aggregate purchase price of $2,394,294.
    (Avg of .77)

    Special dividends
    ---------
    Historically, special dividends had been declared
    in the fourth quarter and paid in the following year. During 2012, the
    special dividend was paid in the third quarter.
    (so be patient)

    Asia
    -----
    During the years ended December 31, 2012, 2011 and 2010 Asian sales
    amounted to 14%, 10%, and 11% of the Company’s total gross sales.

    (wasn't aware they sold to Asia)

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