Key Developments For Bridgford Foods Corp
Bridgford Foods Corp (BRID.O) (Consolidated Issue listed on NASDAQ Global Market)
Bridgford Foods Corp. Declares Cash Dividend
Bridgford Foods Corp. announced that its Board of Directors have approved a one time cash dividend of $0.10 per share of common stock for shareholders of record on December 8, 2009, payable on January 4, 2010, based on operations to date for fiscal year 2009.
Bridgford Foods Corp. Announces Common Stock Repurchase
Bridgford Foods Corp. announced 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 Corp. Announces Appointment Of Chairman
Bridgford Foods Corp. announced that its Board of Directors has elected William L. Bridgford Chairman of the Board. He succeeds Allan L. Bridgford who was elected Senior Chairman.
Bridgford Foods Corp. Announces Expansion Of Share Repurchase Plan
Bridgford Foods Corp. announced that it has expanded its common stock share repurchase plan to allow for repurchase of 500,000 additional shares under the plan. Approximately 624,000 shares remain available for repurchase by the company under the expanded plan.
Bridgford Foods Corp. Announces Management Changes
Bridgford Foods Corp. announced that William L. Bridgford was elected President of the corporation, succeeding Robert E. Schulze who will be retiring June 30 after 40 years of service. Mr. Bridgford has served in many capacities during his 23 years of employment with the Company. He serves as Vice President and Secretary of the corporation and President of its California division. Allan L. Bridgford, Chairman, stated that the appointment will become effective July 1, 2004.
