Invacare Corporation Board of Directors Authorizes the Extension of Share Repurchase Program

Invacare IVC today announced that its board of directors authorized the Company to repurchase additional outstanding Company common shares, bringing its overall share repurchase authorization up to 2,500,000 common shares as of the August 17, 2011, board meeting. The authorization has no expiration date and allows the Company to repurchase its shares via open market purchases, privately negotiated transactions or otherwise. “The Board's approval of this extension of Invacare's share repurchase program demonstrates its confidence in management's ability to maximize shareholder value through its ongoing globalization program,” said Gerald B. Blouch, president and chief executive officer.