Brief: Corvel Corp Says Board Approved Effective Immediately Temporary Suspension Of Co's Previously Authorized Stock Repurchase Program Until Further Notice
03/04/2020 22:58
April 3 (Reuters) - CorVel Corp CRVL.O :
* CORVEL CORP - ON MARCH 21, BOARD APPROVED EFFECTIVE
IMMEDIATELY
TEMPORARY SUSPENSION OF CO'S PREVIOUSLY AUTHORIZED STOCK
REPURCHASE PROGRAM UNTIL FURTHER NOTICE
* CORVEL CORP - IN CONNECTION WITH SUSPENSION, TERMINATED
PRE-ARRANGED STOCK TRADING PLAN TO REPURCHASE SHARES OF ITS
COMMON STOCK WHICH HAD COMMENCED ON FEB 24
* CORVEL CORP - SUSPENDED STOCK REPURCHASE IN ORDER TO
PROVIDE CO
MAXIMUM FLEXIBILITY TO FOCUS ON SERVING CO'S CUSTOMERS AS IT
NAVIGATES THROUGH COVID-19 PANDEMIC
Source: https://bit.ly/3dP8ipL
Further company coverage: CRVL.O
((Reuters.Briefs@thomsonreuters.com;))