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News Breaks | | | | January 25, 2013 | | 08:57 EDT |  | DLA | Delta Apparel's board authorizes $10M increase to repurchase program
Delta Apparel announced that its Board of Directors has authorized management to use an additional $10M to repurchase Delta Apparel common stock in open market transactions under the company’s stock repurchase program. Since the inception of its stock repurchase program, the Company has used an aggregate $18M to purchase 1,634,080 shares at an average price of $11.01 per share. Prior to the Board’s action, only $2M remained of the original $20M authorization under the program. | |
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