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Prospect News home > News index > List of issuers T > Headlines for Tenders 2005 > News item |
FLIR to buy back up to $100 million convertibles
New York, April 14 - FLIR Systems, Inc. said its directors have approved the repurchase of up to $100 million of its convertible notes and 3 million shares of common stock.
The buybacks can be through open market purchases, block trades or privately negotiated transactions.
As of March 31, FLIR had $210 million of convertibles and 70 million shares outstanding.
FLIR is a Portland, Ore., manufacturer of infrared imaging systems.
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