TSR, Inc., (NASDAQ:TSRI) a provider of computer programming consulting
services, announced today that it had repurchased 456,523 shares of its
Common Stock in a private transaction at a purchase price of $2.30 per
share. The repurchase is in addition to repurchases that may be effected
from time to time pursuant to the Company’s
previously announced stock repurchase program. Pursuant to the stock
repurchase program, the Company’s Board of
Directors has authorized repurchase of up to 300,000 shares, of which
approximately 61,000 have been repurchased. There were approximately
4,500,000 shares outstanding prior to the purchase.
TSR, Inc.
John Sharkey, 631-231-0333
