Attached files
file | filename |
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8-K - 8-K - HAWKINS INC | hwkn8-kstockrepurchase.htm |
Exhibit 99.1 | |||
FOR IMMEDIATE RELEASE | Contacts: | Patrick H. Hawkins | |
May 29, 2014 | Chief Executive Officer | ||
Hawkins, Inc. | 612/617-8524 | ||
2381 Rosegate | Patrick.Hawkins@HawkinsInc.com | ||
Roseville, MN 55113 | |||
Kathleen P. Pepski | |||
Chief Financial Officer | |||
612/617-8571 | |||
Kathleen.Pepski@HawkinsInc.com |
HAWKINS, INC. ANNOUNCES SHARE REPURCHASE PROGRAM
Minneapolis, MN, May 29, 2014 - Hawkins, Inc. (Nasdaq: HWKN) today announced that its Board of Directors has authorized a share repurchase program of up to 300,000 shares of its outstanding common stock. Shares may be repurchased from time to time on the open market or in privately negotiated transactions subject to applicable securities laws and regulations. The primary objective of the share repurchase program is to offset the impact of dilution from issuances relating to employee and director equity grants and the company’s employee stock purchase program.
Hawkins, Inc. distributes, blends and manufactures chemicals for its customers in a wide variety of industries. Headquartered in Roseville, Minnesota, and with 29 facilities in 14 states, the Company creates value for its customers through superb customer service and support, quality products and personalized applications.