Kadant (KAI) Announces $20M Stock Buyback Plan

Kadant Inc. (NYSE: KAI) said its board of directors has authorized the repurchase of up to $20 million of its equity securities effective November 7, 2012 through November 7, 2013. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Dycom authorizes $150M stock repurchase program over 18 months
• Jazz Pharmaceuticals plans $1B note offering and share buyback
• Reitar Logtech launches $3M share repurchase program