Fitchburg-based Arrhythmia Research Technology Inc.‘s board of directors has approved a $650,000 stock buy-back.
The company said it was authorized to buy back stock “from time to time.” The plan replaces a previous buyback program initiated in 2003. As of Sept. 30, Arrhythmia had 2.7 million shares outstanding.
The company, through subsidiary Micron Products Inc., makes sensors and metal snaps used in medical devises.
