Under the repurchase program, the company intends to repurchase up to 272,000 shares, or approximately 5%, of the company's outstanding common stock. The company will commence its seventh stock repurchase program immediately upon the completion of its sixth repurchase program, announced on September 30, 2011, which has 31,321 shares remaining.
America has no tolerance for wealthy people griping about their financial woes. But they have concerns too.