Dollar General Announces Approval of 10b5-1 Plan
GOODLETTSVILLE, Tenn., April 15 /PRNewswire-FirstCall/ -- Dollar General
Corporation announced today that its Board of Directors has approved a written
trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934 to
facilitate the repurchase of its common stock pursuant to the Company's
previously announced share repurchase authorization. A broker or brokers
selected by the Company will have the authority under terms and limitations
specified in the plan to repurchase shares on behalf of the Company up to an
amount that does not exceed the amount of shares remaining under the repurchase
authorization. The plan becomes effective on April 19, 2004. The latest date on
which the plan will terminate is March 13, 2005. A 10b5-1 plan allows the
Company to repurchase shares at times when it would ordinarily not be in the
market because of the Company's trading policies.
About Dollar General Dollar General is a Fortune 500(R) discount retailer with 6,874 neighborhood
stores as of April 2, 2004. Dollar General stores offer convenience and value
to customers by offering consumable basic items that are frequently used and
replenished, such as food, snacks, health and beauty aids and cleaning
supplies, as well as a selection of basic apparel, housewares and seasonal
items at everyday low prices. The Company store support center is located in
Goodlettsville, Tennessee. Dollar General's Web site can be reached at
http://www.dollargeneral.com/ . DATASOURCE: Dollar General Corporation CONTACT: Emma Jo Kauffman of Dollar General Corporation, +1-615-855-5525 Web site: http://www.dollargeneral.com/
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