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Natural Health Trends Initiates Stock Buy Back
December 10, 2001
1 Min Read
Natural Health Trends Initiates Stock Buy Back
DALLAS--Natural Health Trends Corp. (OTCBB:NHTC) announced Oct.24 that it initiated an open market stock buy-back, effective immediately. Aspart of an ongoing effort to enhance shareholder value, the company implementedthis action to combat the recent decline in stock price that the company says isdue to the stock being undervalued.
"I believe our numbers clearly show that Natural Health Trends has takenthe proper steps in ensuring profitability for our shareholders and that byinitiating a buy back at this time will prove to increase shareholdervalue," stated Mark Woodburn, president.
The company has not set a deadline for its buy-back initiative, although ithas reserved the right to discontinue the program at anytime.
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