LYCOS RETRIEVER 
The Purchase: Shares
built 605 days ago
The new share purchase program authorization comes as Landstar has purchased, during the months of July and August, the remaining 1,320,786 shares of its common stock available under a previous authorization. As of August 24, 2007, Landstar has 53,753,556 shares of common stock outstanding. Since January 1997, the Company has purchased 59,432,000 shares of its common stock, adjusted to reflect all previous stock splits, at an aggregate cost of approximately $714,368,000.
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Smithfield Foods Inc., a processed-meats producer based in Smithfield, has finalized a deal to purchase specialty-foods maker The Smithfield Cos., based in Portsmouth, at a purchase price of $8.50 per share, valued at about $18 million. Smithfield Foods already owns about one-fifth of Smithfield Cos. from stock purchased in 1991. (The Virginian-Pilot, 05/02/01)
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COLUMBIA, Md., Dec. 9 /PRNewswire/ -- The Ryland Group, Inc., (NYSE: RYL) announced that its Board of Directors has authorized the repurchase of an additional 1 million shares of its common stock, effective immediately. Since 1997, the Company has repurchased 3 million shares of its common stock.
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