(STRATASYS)(SSYS) Stratasys, Inc. Announces Stock Repurchase Program
(Business Wire; 07/10/98)
MINNEAPOLIS, Minn.--(BUSINESS WIRE)--July 10, 1998--Stratasys, Inc.
(NASDAQ: SSYS) today announced that its Board of Directors has authorized
management to repurchase, from time to time, up to 300,000 shares of the
Company's common stock.
This supercedes all prior stock repurchase authorizations. This action
reflects the Board of Director's belief that the Company's common stock is
undervalued and demonstrates the Board's optimism in the Company's future
and commitment to enhancing shareholder value.
This release is available on the Stratasys website at www.stratasys.com and
the KCSA website at www.kcsa.com.
CONTACT: Stratasys, Inc.
S. Scott Crump, Chairman and President
Tom Stenoien, Chief Financial Officer
(612) 937-3000
or
KCSA
Joseph A. Mansi/Jeffrey Corbin
(212) 896-1205/(212) 896-1214 (phones)
(212) 697-0910 (fax)
jcorbin@kcsa.com (e-mail)
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