US-based Lancaster Colony Corp. has authorized the repurchase of an additional 3 million of its common shares as part of a stock repurchase programme.
In a recent press release, the company said it h…
US-based Lancaster Colony Corp. has authorized the repurchase of an additional 3 million of its common shares as part of a stock repurchase programme. In a recent press release, the company said it has about 38.1 million shares outstanding. Lancaster makes specialty foods, automotive products, glassware and candles. The company“s shares recently traded at 22 55/64, down 1 1/64 or 4.3%, on Nasdaq volume of 103,800 shares. Average daily volume is 164,418 shares.