ITEM 7.01. REGULATION FD DISCLOSURE
On
The Board did not set a date for completing the repurchase program. The purchases are expected to be made in the open market, through block trades or otherwise, and in privately negotiated transactions. All purchases will be made at the discretion of management based upon consideration of market, business, legal, accounting, and other factors.
The Board's action authorizes the Company to execute one or more 10b5-1 trading plans. The trading plans would allow the Company to repurchase shares at times when the Company otherwise might be prevented from doing so under insider trading laws by requiring that an agent selected by the Company repurchase shares of common stock on the Company's behalf.
The information in this Form 8-K is being furnished under Item 7.01 and shall
not be deemed to be "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liability
of such section, nor shall it be deemed incorporated by reference in any filing
of
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