SKUL $28 Million Share Buyback...This Should Propel Share Price Above $7
Anyone have info on this $28 Million Share Buyback by Skull, I know it was approved back in January of 2013. With this stock hovering around $5.00 now would be a great time for Managemnet to make a move and pump up the share price.
FROM PROXY RECEIVED LAST NIGHT AND ANUAL MEETING.....On January 25, 2013, we entered into a third amendment to the revolving credit and security agreement. The
amendment allows for us to buy back up to $28.0 million of our outstanding common stock.