Pizza Inn extends stock repurchase
June 1, 2008
THE COLONY, Texas — The board of directors of Pizza Inn Inc. has authorized the repurchase of an additional 1 million shares of company stock pursuant to the stock repurchase plan authorized by the board in May 2007.
The timing of repurchases is dependent on prevailing market conditions, alternative uses of capital and other factors, the company said. The stock repurchase plan will be funded primarily through available working capital.