Bridgford Foods Corporation (Nasdaq:BRID) announced today that it has repurchased 402,255 shares of its common stock from a stockholder in a privately-negotiated transaction for an aggregate purchase price of approximately $2.7 million. The repurchased shares will be retired and constitute authorized but unissued shares. The number of shares outstanding after this transaction total 9,451,549.
Bridgford Foods Corporation is a producer of frozen dough, microwaveable sandwiches, dry sausages, processed meats and other convenience food products.
Contacts:
R. Lancy, 714-526-5533
