Quigley to Repurchase One Million Shares

January 1, 2001

1 Min Read
Quigley to Repurchase One Million Shares


Quigley to Repurchase One Million Shares

DOYLESTOWN, Pa.--The board of directors at The Quigley Corp. (NASDAQ:QGLY)has approved the repurchase of up to one million shares of QGLY common stock,based on market conditions. This is the latest in the company's stock buy-backprogram initiated in January 1998.

Guy Quigley, president, chairman and chief executive officer, explained thatthe board felt such a repurchase was in the best interest of shareholders due tothe current market valuation of QGLY stock. "Our plan is on schedule forbottom line benefits to begin accruing in 2001."

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