HKN Announces 45 Thousand Share Stock Repurchase Plan
(firmenpresse) - DALLAS, TX -- (Marketwire) -- 01/22/13 -- HKN, Inc. (OTCQB: HKNI) ("HKN" or "the Company") announced that the Company's Board of Directors has authorized the cancellation of its existing stock repurchase program which was originally announced in September 2005. The Company's Board of Directors has also authorized a new stock repurchase program which will allow the Company to buy back up to forty-five thousand shares of its common stock. All repurchases will be made from time to time when opportunities to do so at favorable prices present themselves in compliance with all applicable laws and regulations including the Securities and Exchange Commission rules.
HKN, Inc. is an independent energy company engaged in the development of a well-balanced portfolio of assets in the energy industry and in the active management of its energy-based investments. Additional information may be found at the HKN Web site, . Please e-mail all investor inquiries to .
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Datum: 22.01.2013 - 16:56 Uhr
Sprache: Deutsch
News-ID 221905
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DALLAS, TX
Kategorie:
Oil & Gas
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