Family Dollar to buy back more shares
April 14, 2005-- Home Textiles Today,
MATTHEWS, N.C. — Family Dollar Stores Board of Directors has authorized the company to purchase up to an additional 5 million shares of its common stock.
According to Family Dollar, the purchases could be in the open market or in private transactions or otherwise.
This authorization continues Family Dollar’s share repurchase program which began in October 2002. Under the program, over 8.5 million shares have been purchased, including 827,100 shares purchased in the current fiscal year ending Aug. 27, 2005 .
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