Atrion ATRI announced that its Board of Directors updated the Company's stock repurchase program, which was adopted in April 2000 and authorized the repurchase of up to 200,000 shares of the Company's common stock. A total of 58,105 shares remained eligible for repurchase under the April 2000 program. The Board of Directors terminated that program and reset the purchase level under the updated program back to a maximum of 200,000 shares. Under the program, the Company may purchase shares of its common stock from time to time in open market and privately-negotiated transactions. The timing of repurchases and the number of shares repurchased will be dependent on a variety of factors, including stock price, corporate and regulatory requirements and market and business conditions. The repurchase program does not require the Company to repurchase any specific number of shares and may be terminated at any time.
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