Chicago, IL (PRWEB) July 02, 2014
The Ziegler Companies, Inc. is pleased to announce an extension of its stock repurchase program in accordance with the provisions of Rule 10b5-1 of the Securities Exchange Act to June 30, 2018. The price per share will remain $25.00. It is the company’s intent to purchase up to 25,000 shares of its common stock on a first-come-first-served basis per calendar quarter. To the extent the company purchases less than 25,000 shares in any given quarter, such un-purchased amounts will be added to the authorized shares available for purchase in future quarters.
Interested parties are asked to contact Tom Perry, VP of Retail Trading for Ziegler, as the company’s buyer representative of company stock. Mr. Perry can be contacted at (312) 596-1556 between 8:30 a.m. CT and 3:00 p.m. CT. The stock repurchase program began May 28, 2010. If the company fills its 25,000 quarterly goals, it will seek other buyers in order to satisfy shareholder requests.The company reserves the right to discontinue the repurchase plan at any time.
For more information about Ziegler, please visit us at http://www.ziegler.com.
The Ziegler Companies, Inc. (PINKSHEETS: ZGCO), together with its affiliates (Ziegler), is a specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, corporate finance, FHA/HUD, strategic advisory services and research. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.