DALLAS, Nov. 17, 2017 /PRNewswire/ -- United States
Lime & Minerals, Inc. (NASDAQ: USLM) today announced that its
Board of Directors has extended the Company's previously announced
repurchase program for up to $10,000,000 of its common stock for another 12
months. The remaining amount available under the program is
$7,151,226 for the repurchase of
common stock from time to time in open market or privately
negotiated transactions. The repurchase program may be
modified, extended, suspended or discontinued at any time without
notice.
United States Lime & Minerals, Inc., a
NASDAQ-listed public company with headquarters in Dallas, Texas, is a manufacturer of lime and
limestone products, supplying primarily the construction (including
highway, road and building contractors), environmental (including
municipal sanitation and water treatment facilities and flue gas
treatment processes), industrial (including paper and glass
manufacturers), metals (including steel producers), roof shingle,
oil and gas services and agriculture (including poultry and cattle
feed producers) industries. The Company operates lime and
limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Oklahoma and Texas through its wholly owned subsidiaries,
Arkansas Lime Company, Colorado Lime Company, Texas Lime Company,
U.S. Lime Company, U.S. Lime Company – Shreveport, U.S. Lime Company – St. Clair and
U.S. Lime Company – Transportation. In addition, the Company,
through its wholly owned subsidiary, U.S. Lime Company –
O & G, LLC, has royalty and non-operating working
interests pursuant to an oil and gas lease and a drillsite
agreement on its Johnson County,
Texas property, located in the Barnett Shale Formation.
Any statements contained in this news release that are not
statements of historical fact are forward-looking statements as
defined in the Private Securities Litigation Reform Act of
1995. The Company undertakes no obligation to publicly update
or revise any forward-looking statements, and investors are
cautioned that such statements involve risks and uncertainties that
could cause actual results to differ materially from expectations,
including without limitation those risks and uncertainties
indicated from time to time in the Company's filings with the
Securities and Exchange Commission.
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SOURCE United States Lime & Minerals, Inc.