Mexco Energy Corporation Announces Stock Repurchase
MIDLAND, Texas, Oct. 27 /PRNewswire-FirstCall/ -- Mexco Energy Corporation
(AMEX:MXC) announced today that the Company purchased 3,000 shares of its
common capital stock, par value $0.50 per share, in a private transaction for
an aggregate amount of $16,650.00, or $5.55 per share. The stock was
repurchased using the Company's operating cash flow. This purchase is part of
an ongoing repurchase plan approved by the Board of Directors, which authorizes
the Company to repurchase its stock up to an aggregate purchase amount of
$250,000. The repurchased shares will be held in the treasury account. The
Company currently holds 30,525 shares of its common capital stock in the
treasury account. DATASOURCE: Mexco Energy Corporation CONTACT: Tammy L. McComic, Vice President of Finance of Mexco Energy Corporation, +1-432-682-1119
|