PSS World Medical, Inc. PSSI announced today that, at its regularly scheduled June meeting, its Board of Directors authorized the purchase of up to five percent of its total common stock. This is in addition to any shares remaining under existing authorizations previously enacted by the Company's Board of Directors.
The Company is authorized from time to time, depending upon market conditions and other factors, to repurchase up to a maximum of five percent of its total common stock, in the open market, by block purchase, in accelerated programs or in privately negotiated transactions. Such repurchases will be made in compliance with applicable rules and regulations and may be discontinued at any time.
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