PLEASANTON, Calif.,
June 14, 2013 /PRNewswire/ --
Simpson Manufacturing Co., Inc. (the "Company") announced today
that it has purchased 342,300 shares of its Common Stock, for
average price of $28.70 per share,
since late May. The total spent was approximately $9.8 million and was part of the $50.0 million that the Company's Board of
Directors authorized in February 2013
for repurchases of Common Stock. Although the Company does not have
any specific plan to repurchase additional shares, the
authorization will remain open for the remainder of the year.
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its
subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and
is a leading manufacturer of wood construction products, including
connectors, truss plates, fastening systems, fasteners and
shearwalls, and concrete construction products, including
adhesives, specialty chemicals, mechanical anchors, powder actuated
tools and reinforcing fiber materials. The Company's common stock
trades on the New York Stock Exchange under the symbol "SSD."
For further information, contact Tom
Fitzmyers at (925) 560-9030.
SOURCE Simpson Manufacturing Co., Inc.