Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Stock Buybacks

Seneca Foods $SENEA announced buyback (9.3% of S/O)

Seneca Foods Corporation (NASDAQ:SENEA, SENEB) announced today that its Board of Directors has authorized an expanded share repurchase program.  The Company had previously announced a share repurchase program.  Under this previously announced program, the Company still has available 346,121 shares to be repurchased as of May 27, 2014.  The new program permits the Company to buy up to a total of 1,000,000 common shares, whether Class A or Class B shares, in open market or privately negotiated transactions at the discretion of management. Source: Filing

 

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