TransAct Technologies Repurchases 490,000 Shares of Company’s Common Stock
August 23 2013 - 1:26PM
Business Wire
TransAct Technologies Incorporated (Nasdaq: TACT), a global
leader in market-specific solutions, including printers, terminals,
software and other products for transaction-based and other
industries, today repurchased 490,000 shares of its common stock at
$8.75 per share, for total consideration of approximately $4.3
million. The shares were repurchased at market and represent
approximately 5.6% of the Company’s outstanding common stock.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a leader in developing and
manufacturing market-specific solutions, including printers,
terminals, software and other products for transaction-based and
other industries. These industries include casino and gaming,
lottery, food safety, banking, point-of-sale, hospitality, oil and
gas, and medical and mobile. Each individual market has distinct,
critical requirements for printing and the transaction is not
complete until the receipt and/or ticket is produced. TransAct
printers and products are designed from the ground up based on
market-specific requirements and are sold under the Ithaca®, Epic,
EPICENTRAL® and Printrex® product brands. TransAct distributes its
printers through OEMs, value-added resellers, selected
distributors, and direct to end-users. TransAct has over 2.4
million printers installed around the world. TransAct is also
committed to providing world-class printer service, spare parts,
accessories and printing supplies to its growing worldwide
installed base of printers. Through its TransAct Services Group,
TransAct provides a complete range of supplies and consumable items
used in the printing and scanning activities of customers in the
hospitality, banking, retail, gaming, government and oil and gas
exploration markets. Through its webstore,
http://www.transactsupplies.com, and a direct selling team,
TransAct addresses the on-line demand for these products. TransAct
is headquartered in Hamden, CT. For more information, please visit
http://www.transact-tech.com or call 203.859.6800.
Investor:TransAct Technologies IncorporatedSteve
DeMartinoPresident and Chief Financial
Officer203-859-6810orJCIRRichard Land, Joseph Jaffoni, Jim
Leahy212-835-8500 or tact@jcir.com
TransAct Technologies (NASDAQ:TACT)
Historical Stock Chart
From Apr 2024 to May 2024
TransAct Technologies (NASDAQ:TACT)
Historical Stock Chart
From May 2023 to May 2024