May 24, 2007
BJ's arranges stock repurchase
By Matthew L. Brown
Natick-based BJ's Wholesale Club Inc. said its board of directors authorized the repurchase of $100 million of company common stock, bringing the total available for share repurchase to $133 million.
During the first quarter, the company purchased 500,000 shares worth about $17 million.
As of May 5, the company had about 65.4 million shares outstanding.
During the first quarter, the company purchased 500,000 shares worth about $17 million.
As of May 5, the company had about 65.4 million shares outstanding.
WBJ Web Partners
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