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Sonic Corporation (SONC) Message Board

drmicrocaps 44 posts  |  Last Activity: Apr 16, 2015 8:12 AM Member since: Jan 19, 2011
  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 15, 2014 4:13 AM
    drmicrocaps drmicrocaps Apr 16, 2015 8:12 AM Flag

    Netflix (NFLX 534.10, +58.64): +12.3% after beating bottom-line estimates.

    Sentiment: Hold

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 15, 2014 4:13 AM
    drmicrocaps drmicrocaps Apr 16, 2015 1:31 AM Flag

    The "Street" has NFLX coming in at .80 for the quarter that should be reported on or about April 15, 2014! All post's welcome! The "Good Dr's In"!

    Sentiment: Hold

  • Reply to

    2nd quarter earnings

    by algo41 Apr 9, 2014 8:46 PM
    drmicrocaps drmicrocaps Apr 14, 2015 8:57 AM Flag

    Jewett-Cameron Announces 2nd Quarter Financial Results
    PR Newswire Jewett-Cameron Trading Company Ltd.
    16 hours ago
    
    NORTH PLAINS, Ore., April 13, 2015 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (JCTCF) today reported financial results for the second quarter and six month periods of fiscal 2015 ended February 28, 2015.

    Sales for the second quarter of fiscal 2015 totaled $9.5 million compared to sales of $9.7 million for the second quarter of fiscal 2014. Income from operations was $466,704 compared to income of $408,818 for the quarter ended February 28, 2014. Net income was $283,560, or $0.11 per share, compared to net income of $237,398, or $0.08 per share, in the year-ago quarter.

    For the six months ended February 28, 2015, sales totaled $17.5 million compared to sales of $17.7 million for the six months ended February 28, 2014. Net income was $611,347, or $0.23 per share, compared to net income of $569,977, or $0.18 per share, in the first six months of fiscal 2014.

    "During the second quarter, we experienced delays in receiving certain products from our suppliers due to the West Coast port slowdowns", said CEO Don Boone. "These delays resulted in higher freight costs and, combined with the prolonged winter weather across much of the country, delayed many shipments to our customers."

    These delays also resulted in higher inventory levels and a lower cash balance at the end of the period. As of February 28, 2015, the Company's cash position was $12 thousand, and there was $875 thousand borrowed against its $1.0 million line of credit. Subsequent to the end of the period, the Company increased the size of its line of credit to $3.0 million.

    On February 17, 2015, the Company implemented a new share repurchase plan to purchase for cancellation up to 300,000 common shares under Rule 10b5-1 of the U.S. Securities Exchange Act of 1934. This amount represents approximately 11.6% of the 2,585,661 common shares outstanding.

    Sentiment: Strong Buy

  • Reply to

    "whisper Number"

    by drmicrocaps Oct 13, 2013 1:31 AM
    drmicrocaps drmicrocaps Apr 13, 2015 4:41 PM Flag

    The "Street" has KKR coming in at .62 for the quarter that should be reported on or about April 23, 2015! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 15, 2013 11:48 PM
    drmicrocaps drmicrocaps Apr 13, 2015 12:59 AM Flag

    The "Street" has WETF coming in at .11 for the quarter that should be reported on or about April 30, 2015! All post's welcome! The "Good Dr's In"!

    Sentiment: Hold

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 21, 2013 6:55 AM
    drmicrocaps drmicrocaps Apr 12, 2015 11:25 PM Flag

    The "Street" has SONC coming in at .38 for the Quarter that should be reported on or about June 23, 2015! All post's welcome! The "Good Dr's In"!

    Sentiment: Hold

  • Reply to

    4th Qurter and Year-End Results

    by drmicrocaps Mar 21, 2014 4:47 AM
    drmicrocaps drmicrocaps Apr 11, 2015 3:12 PM Flag

    TTI Reports Record Sales, Gross Margin And Profit For 2014
    Driven by New Product Innovations and Growth in All Geographic Regions, Sales Increases 10.5% and Profit Increases 20.0%
    PR Newswire Techtronic Industries Co. Ltd.
    March 18, 2015 10:16 AM
    
    HONG KONG, March 18, 2015 /PRNewswire/ -- Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. ("TTI"/ The Group) (stock code: 669, ADR symbol: TTNDY) announced its results for the financial year ended December 31, 2014, achieving record sales, gross margin and profit. Shareholders' profits grew by 20.0% to US$300 million, with earnings per share increasing by 20.0% over 2013 to US 16.41 cents. Driven by new product innovations and growth in all geographic regions, sales rose by 10.5% over 2013 to a record US$4.8 billion.

    TTI's largest business unit, Power Equipment, grew in sales by 13.0% to US$3.6 billion, accounting for 74.7% of total sales, and improved operating profit by 16.7% compared to 2013. The Floor Care and Appliance business grew 3.8% to US$1.2 billion in sales with operating profit expanding 15.4% from last year. Gross profit margin improved for the sixth consecutive year to 35.2% from 34.2% in 2013 driven by the introduction of new products along with our global cost improvement initiatives in purchasing, supply chain, value engineering and manufacturing. 2014 earnings before interest and tax increased by 15.4% to US$351 million, with the margin improving by 30 basis points to 7.4%. The Board is recommending a final dividend of HK19.00 cents (approximately US2.45 cents) per share, which will result in a full-year dividend 32.6% higher than last year.

    Mr. Horst Pudwill, Chairman of TTI, said, "TTI had an outstanding year in 2014, and I am delighted to report record sales, gross margin and profit. Our focus on product innovation and execution allows us to deliver consistently strong results, and will continue to drive our future success."

    Sentiment: Buy

  • drmicrocaps by drmicrocaps Apr 10, 2015 12:49 PM Flag

    RCI Hospitality Announces Record Quarterly Club & Restaurant Sales for 2Q15
    - Total Club & Restaurant Sales of $36.7 Million - Up 12.7% vs. 2Q14
    - Same Store Sales of $29.1 Million - Up 2.1% vs. 2Q14
    PR Newswire RCI Hospitality Holdings, Inc.
    April 9, 2015 9:00 AM
    
    HOUSTON, April 9, 2015 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (RICK) today announced total sales at adult clubs and restaurant/bars for the second fiscal quarter ended March 31, 2015. RCI expects to announce 2Q15 results on May 11, 2015.

    View photo
    .RCI HOSPITALITY HOLDINGS INC
    Total club and restaurant sales reached $36.7 million – a quarterly record – compared to $32.6 million in the year ago quarter.
    Same store sales were $29.1 million compared to $28.5 million in the year ago quarter.
    There were 44 units in 2Q15 (39 adult clubs and nightclubs and 5 restaurants) versus 43 in 2Q14 (41 adult clubs and nightclubs and 2 restaurants).
    Nightclub segment sales (includes adult clubs and nightclubs) totaled $31.9 million compared to $31.2 million in 2Q14.
    Bombshells segment sales totaled $4.8 million compared to $1.4 million in 2Q14.
    CEO Comment

    Eric Langan, President and CEO, commented, "We are very pleased Fiscal 2015 continues to perform well, in line with our plans. Average revenue per unit increased 10.2% year over year. This reflected the closing of four older, under-performing units and the addition of five with higher revenues.

    "Units opened less than a year benefited from new adult clubs – Rick's Cabaret in Odessa, TX and the recently acquired Down in Texas Saloon in Austin, TX. New store sales also benefited from Bombshells in Austin, Spring and Houston, TX.

    "Same store sales reflected growth at many clubs. This was partially offset by adverse weather in March, especially in the Dallas-Fort Worth market, where the company has 11 locations. New York City units had difficult comparisons to the year ago quarter, when the pro football championship was played locally."

    Sentiment: Strong Buy

  • Reply to

    2nd Quarter and 6 month results

    by drmicrocaps Apr 13, 2012 11:25 AM
    drmicrocaps drmicrocaps Apr 9, 2015 2:49 AM Flag

    Sonic Doubles Earnings Per Share for Second Fiscal Quarter of 2015
    Same-Store Sales Increase 11.5%
    Business Wire Sonic Corp.
    March 24, 2015 4:01 PM
    
    OKLAHOMA CITY--(BUSINESS WIRE)--

    Sonic Corp. (SONC), the nation’s largest chain of drive-in restaurants, today announced results for the second fiscal quarter ended February 28, 2015.

    Key highlights of the company’s second quarter of fiscal year 2015 included:

    Net income per diluted share was $0.14 compared with net income per diluted share of $0.07 in the prior-year period; excluding items outlined below, net income per diluted share was $0.13 in the second fiscal quarter of 2015, resulting in an 86% increase, on an adjusted basis;
    System same-store sales increased 11.5%, consisting of an 11.5% same-store sales increase at franchise drive-ins and an increase of 11.2% at company drive-ins;
    Company drive-in margins improved by 110 basis points; and
    The company repurchased $75 million of stock through accelerated stock repurchase transactions representing approximately 4% of its outstanding stock.
    “Successful company initiatives combined with an improving macro environment resulted in an exceptionally strong second fiscal quarter with 11.5% same-store sales growth. We are particularly pleased that traffic drove two-thirds of our same-store sales increase,” said Cliff Hudson, Sonic Corp. CEO. “This increase is primarily a result of growth in our core menu items and product innovation, complemented by our national media strategy. As we move into the second half of fiscal 2015 we expect our business momentum to continue. In addition, we expect technology initiatives to provide an additional layer of growth to build sales and profits over the next several years.

    “We also executed accelerated share repurchase agreements during the second quarter to purchase $75 million of stock. Our fiscal year-to-date share repurchases now total $95 million.

    Sentiment: Hold

  • Reply to

    2nd Quarter and 6 months Results:

    by drmicrocaps Apr 5, 2012 6:54 PM
    drmicrocaps drmicrocaps Apr 9, 2015 2:33 AM Flag

    WD-40 Company Reports Second Quarter 2015 Financial Results
    ~ Second quarter net sales of multi-purpose maintenance products grew 3 percent period-over-period
    ~~ Management updates previously issued guidance in view of current foreign currency exchange conditions
    PR Newswire WD-40 Company
    10 hours ago
    
    SAN DIEGO, April 8, 2015 /PRNewswire/ -- WD-40 Company (WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world, today reported financial results for its second fiscal quarter ended February 28, 2015.

    Financial Highlights and Summary

    Total net sales for the second quarter were $97.3 million, an increase of 3 percent compared to the prior year fiscal quarter. Year-to-date total net sales were $193.7 million, an increase of 2 percent from the prior year fiscal period.
    Translation of the Company's foreign subsidiary results to U.S. dollars had an unfavorable impact on sales for the current quarter and year to date. On a constant currency basis total net sales would have been $100.6 million for the second quarter and $196.3 million year to date.
    Net income for the second quarter was $11.3 million, an increase of 10 percent compared to the prior year fiscal quarter. Year-to-date net income was $22.1 million, an increase of 1 percent from the prior year fiscal period.
    Diluted earnings per share were $0.76 in the second quarter, compared to $0.67 per share for the prior year fiscal quarter. Year-to-date diluted earnings per share were $1.49 compared to $1.41 in the prior year fiscal period.
    Gross margin was 52.6 percent in the second quarter compared to 51.6 percent in the prior year fiscal quarter. Year-to-date gross margin was 52.1 percent compared to 51.8 percent in the prior year fiscal period.

    Sentiment: Hold

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 17, 2013 11:20 AM
    drmicrocaps drmicrocaps Apr 8, 2015 5:49 PM Flag

    WD-40 beats Street 2Q forecasts
    WD-40 posts 2Q profit, results beat Wall Street forecasts
    Associated Press
    1 hour ago
    

    SAN DIEGO (AP) _ WD-40 Co. (WDFC) on Wednesday reported fiscal second-quarter earnings of $11.3 million.

    The San Diego-based company said it had profit of 76 cents per share.

    The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

    The maintenance and cleaning product company posted revenue of $97.3 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $97 million.

    WD-40 expects full-year earnings to be $3.07 to $3.13 per share, with revenue in the range of $387 million to $400 million.

    WD-40 shares have risen slightly more than 2 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $87.15, a climb of 12 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDFC at http://www.zacks.com/ap/WDFC

    _____

    Keywords: WD-40, Earnings Report

    Sentiment: Hold

  • Reply to

    "Whisper Number"

    by drmicrocaps Oct 20, 2013 5:01 AM
    drmicrocaps drmicrocaps Apr 6, 2015 2:18 PM Flag

    The "Street" has NFLX coming in at .81 for the quarter that should be reported on or about April 15, 2015! All post's welcome! The "Good Dr's In"!

    Sentiment: Hold

  • Reply to

    "Whisper Number"

    by drmicrocaps Jan 29, 2015 3:02 AM
    drmicrocaps drmicrocaps Apr 6, 2015 12:42 PM Flag

    The "Street" has LAD coming in at 1.33 for the quarter that should be reported on or about April 22, 2015! All post's welcome! The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    4th Quarter and Year-End results

    by drmicrocaps Mar 5, 2012 10:57 PM
    drmicrocaps drmicrocaps Apr 6, 2015 12:22 PM Flag

    Lithia Motors Reports Adjusted EPS of $1.42 for Fourth Quarter 2014 and $5.11 for Full Year 2014; Fourth Quarter Revenue Increases 75%

    Lithia Motors Declares $0.16 per Share Dividend for Fourth Quarter

    Marketwired
    Lithia Motors
    February 25, 2015 7:29 AM

    MEDFORD, OR--(Marketwired - Feb 25, 2015) - Lithia Motors, Inc. (NYSE: LAD) reported the highest fourth quarter and full year adjusted net income in Company history and increased adjusted net income from continuing operations 46% for the fourth quarter 2014 over the prior year period.

    2014 fourth quarter adjusted net income from continuing operations was $37.5 million, or $1.42 per diluted share. This compares to 2013 fourth quarter adjusted net income from continuing operations of $25.7 million, or $0.98 per diluted share.

    Unadjusted net income from continuing operations for the fourth quarter of 2014 was $41.1 million, or $1.55 per diluted share, compared to $27.2 million, or $1.03 per diluted share, for the fourth quarter of 2013. As shown in the attached non-GAAP reconciliation tables, the 2014 fourth quarter per share adjusted results from continuing operations exclude the following non-core items: a $0.02 charge for acquisition expenses; a $0.13 benefit related to the equity investment associated with the new market tax credit transaction; and a $0.02 benefit from a tax attribute. The 2013 fourth quarter per share adjusted results from continuing operations exclude the following non-core items: a $0.06 benefit for a gain on a sale of land; a $0.05 net benefit from non-core tax attributes; and a $0.06 expense related to an adjustment to a legal reserve associated with a lawsuit filed in 2006 and settled in 2013.

    Fourth quarter 2014 revenue from continuing operations increased $768 million, or 75%, to $1.8 billion from $1.0 billion for the fourth quarter of 2013.

    Sentiment: Strong Buy

  • Reply to

    "Wisper Number"

    by drmicrocaps Sep 9, 2011 5:00 PM
    drmicrocaps drmicrocaps Apr 1, 2015 11:31 AM Flag

    The "Street has #$%$ coming in at .61 for the quarter that should be reported on or about March 02, 2015! All post's welcome!

    The "Good Dr's In"!

    Sentiment: Strong Buy

  • Reply to

    news

    by drmicrocaps Nov 1, 2011 2:54 PM
    drmicrocaps drmicrocaps Mar 31, 2015 11:47 PM Flag

    SIFCO Industries, Inc. Signs Definitive Agreement to Acquire C*Blade; CFO to Return to Private Equity Industry
    Business Wire SIFCO Industries, Inc.
    March 17, 2015 4:30 PM
    
    CLEVELAND--(BUSINESS WIRE)--

    SIFCO Industries, Inc. (NYSE MKT: SIF) announced today that it has entered into a definitive agreement to acquire the Italian-based company C*Blade from Riello Investment Partners. Closing will occur following satisfaction of certain conditions and regulatory approvals, currently anticipated by mid- 2015.

    In an unrelated development, SIFCO also announced that Catherine M. Kramer, Vice President and Chief Financial Officer, will leave the Company, effective April 3, 2015, to return to the private equity industry.

    C*Blade Acquisition
    The C*Blade acquisition will deliver important strategic benefits to SIFCO’s target markets of aerospace and energy, including broader reach into the steam turbine market and an opportunity to sell C*Blade’s products in the U.S. market.

    C*Blade has been in business for more than 50 years and specializes in the manufacture of steam turbine blades and gas compressor blades for the energy market. C*Blade is a best-in-class manufacturer of critical turbine components with strong machining capabilities and a long track record of serving both OEM and aftermarket customers. Located in Maniago, Italy, C*Blade has approximately 150 employees and annual revenues of approximately US $30 million. The acquisition is expected to be accretive to earnings.

    “C*Blade enjoys a strong reputation for its design expertise and high quality products,” said Michael S. Lipscomb, Chairman and Chief Executive Officer. “We are delighted to have reached an agreement with the C*Blade team and plan to leverage their strong capabilities and competitive advantages to become an integral part of SIFCO’s growth strategy.”

    Chief Financial Officer
    Ms. Kramer has served in her current role since January 1, 2013. She joined the Company in 2012 as director of financial pla

    Sentiment: Strong Buy

  • Reply to

    4th Quarter nad year end results 2010

    by drmicrocaps May 27, 2011 7:02 AM
    drmicrocaps drmicrocaps Mar 31, 2015 11:26 AM Flag

    TTI Reports Record Sales, Gross Margin And Profit For 2014
    Driven by New Product Innovations and Growth in All Geographic Regions, Sales Increases 10.5% and Profit Increases 20.0%
    PR Newswire Techtronic Industries Co. Ltd.
    March 18, 2015 10:16 AM
    
    HONG KONG, March 18, 2015 /PRNewswire/ -- Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. ("TTI"/ The Group) (stock code: 669, ADR symbol: TTNDY) announced its results for the financial year ended December 31, 2014, achieving record sales, gross margin and profit. Shareholders' profits grew by 20.0% to US$300 million, with earnings per share increasing by 20.0% over 2013 to US 16.41 cents. Driven by new product innovations and growth in all geographic regions, sales rose by 10.5% over 2013 to a record US$4.8 billion.

    TTI's largest business unit, Power Equipment, grew in sales by 13.0% to US$3.6 billion, accounting for 74.7% of total sales, and improved operating profit by 16.7% compared to 2013. The Floor Care and Appliance business grew 3.8% to US$1.2 billion in sales with operating profit expanding 15.4% from last year. Gross profit margin improved for the sixth consecutive year to 35.2% from 34.2% in 2013 driven by the introduction of new products along with our global cost improvement initiatives in purchasing, supply chain, value engineering and manufacturing. 2014 earnings before interest and tax increased by 15.4% to US$351 million, with the margin improving by 30 basis points to 7.4%. The Board is recommending a final dividend of HK19.00 cents (approximately US2.45 cents) per share, which will result in a full-year dividend 32.6% higher than last year.

    Mr. Horst Pudwill, Chairman of TTI, said, "TTI had an outstanding year in 2014, and I am delighted to report record sales, gross margin and profit. Our focus on product innovation and execution allows us to deliver consistently strong results, and will continue to drive our future success."

    Sentiment: Buy

  • Reply to

    4th Quarter and year end results

    by drmicrocaps Mar 30, 2012 1:42 PM
    drmicrocaps drmicrocaps Mar 31, 2015 10:42 AM Flag

    Wireless Telecom Group Announces Fourth Quarter and Year-End 2014 Financial Results Including an Annual Increase in Net Sales of 19%
    Business Wire Wireless Telecom Group, Inc.
    2 hours ago
    
    PARSIPPANY, N.J.--(BUSINESS WIRE)--

    Wireless Telecom Group, Inc. (NYSE MKT: WTT) announced today results for the fourth quarter and twelve months ended December 31, 2014.

    For the quarter ended December 31, 2014, the Company reported net sales of $9.3m, compared to $9.5m for the same period in 2013, a decrease of 2%. Net sales in the Network Solutions segment were $6.2m, compared to $6.0m for the same period in 2013, an increase of 3%. Net sales in the Test and Measurement segment were $3.2m, compared to $3.5m for the same period in 2013, a decrease of 10%.

    For the twelve months ended December 31, 2014, the Company reported net sales of $40.3m, compared to $33.8m for the same period in 2013, an increase of 19%. Net sales in the Network Solutions segment were $28.2m, compared to $22.0m for the same period in 2013, an increase of 28%. Net sales in the Test and Measurement segment were $12.1m, compared to $11.8m for the same period in 2013, an increase of 3%.

    Non-GAAP normalized EBITDA for the three and twelve month periods ended December 31 was $0.7m and $5.6m, for 2014 and $1.3m and $4.1m for 2013, respectively. Our non-GAAP normalized EBITDA results do not include the Company’s tax provision (benefit), depreciation and amortization and stock compensation expense, as well as interest expense, rental income from a property investment, a one-time gain from the sale of such property investment, a one-time gain from the sale of an investment security and certain other costs. A reconciliation of net income to non-GAAP normalized EBITDA results is included in an attachment to this press release.

    Sentiment: Strong Buy

  • Reply to

    News

    by drmicrocaps Sep 25, 2014 11:22 PM
    drmicrocaps drmicrocaps Mar 18, 2015 5:44 PM Flag

    Lakes Entertainment and Golden Gaming Announce Merger Agreement

    .
    Lakes Entertainment, Inc.
    January 26, 2015 6:30 AM

    Lakes Entertainment and Golden Gaming Announce Merger Agreement
    .
    View photo

    Lakes Entertainment and Golden Gaming Announce Merger Agreement

    Lakes Entertainment, Inc. (LACO) and Sartini Gaming, Inc. (“Golden Gaming”), which owns and operates Golden Gaming, LLC, announced today that they have entered into an Agreement and Plan of Merger (the “Merger Agreement”). Golden Gaming is a leading owner and operator of distributed gaming, taverns and casinos, all of which are focused on the Nevada local gaming market. At closing, Golden Gaming will combine with a wholly-owned subsidiary of Lakes Entertainment, Inc. (“Lakes”) with Golden Gaming surviving as a wholly-owned subsidiary of Lakes. Lakes will remain publicly traded and be renamed Golden Entertainment, Inc. upon closing.

    Under the terms of the Merger Agreement, Lakes is valued at $9.57 per share (representing an approximate 37% premium to the closing share price for Lakes common stock on January 23, 2015), subject to working capital and various other adjustments under the Merger Agreement.

    Sentiment: Buy

  • Reply to

    News

    by drmicrocaps Sep 28, 2012 4:53 PM
    drmicrocaps drmicrocaps Feb 18, 2015 11:52 AM Flag

    Jewett-Cameron Trading Company Ltd. Authorizes Share Repurchase Plan



    PR Newswire
    Jewett-Cameron Trading Company Ltd.
    February 11, 2015 4:30 PM

    NORTH PLAINS, Ore., Feb. 11, 2015 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. ("Jewett-Cameron") (JCTCF) today is pleased to announce that its Board of Directors has authorized the implementation of a share repurchase plan to purchase for cancellation up to 300,000 common shares through facilities of the NASDAQ Stock Market ("NASDAQ"). This amount represents approximately 11.6% of the 2,585,661 common shares outstanding. Since the 4th quarter of Fiscal 2010, the Company repurchased 2,196,293 common shares (adjusted for a 2 for 1 stock split effective May 1, 2013) under prior formal plans of repurchase.

    Transactions may involve Jewett-Cameron insiders or their affiliates executed in compliance with Jewett-Cameron's Insider Trading Policy.

    The share repurchase plan will be effected in accordance with Rule 10b-18 under the U.S. Securities Exchange Act of 1934, which contains restrictions on the number of shares that may be purchased on a single day, subject to certain exceptions for block purchases, based on the average daily trading volumes ("ADTV") of Jewett-Cameron's shares on NASDAQ. Purchases shall be limited to daily purchases in an amount up to 25% of the ADTV in its shares, or one "Block" purchase per week in lieu of the 25% of ADTV limitation for compliance with Rule 10b-18(b)(4). A "block" as defined under Rule 10b-18(a)(5) means a quantity of stock that, among other things, is at least 5,000 shares and has a purchase price of at least US$50,000.

    This share repurchase plan may commence on February 17, 2015 and will remain in place until August 14, 2015 but may be limited or terminated at any time without prior notice.

    Sentiment: Strong Buy

SONC
30.45-0.79(-2.53%)Apr 17 4:00 PMEDT