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NAPCO Security Technologies Announces Resumption Of Stock Repurchase Plan

NAPCO Security Technologies, Inc. (NASDAQ:NSSC), one of the world's leading manufacturers of high-tech electronic security devices that are fueling the Company's fast-growing recurring service revenues, as well

Benzinga · 03/12/2020 18:40

NAPCO Security Technologies, Inc. (NASDAQ:NSSC), one of the world's leading manufacturers of high-tech electronic security devices that are fueling the Company's fast-growing recurring service revenues, as well as a leading provider of school safety solutions today announced plans to repurchase shares of the Company.

The repurchase will be made from time to time in the open market or in privately negotiated transactions subject to market conditions and the market price of the common stock. Under the 2018 authorized program of 500,000 shares the Company has the ability to repurchase approximately 435,000 shares.