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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)

    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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