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Nortech Systems Announces Stock Buyback Plan

Nortech Systems Announces Stock Buyback Plan

nortech systems 宣布股票回购计划
Nortech Systems ·  06/11 00:00

MINNEAPOLIS - Nortech Systems Incorporated (Nasdaq: NSYS) ("Nortech Systems", or the "Company"), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today the Company's Board of Directors approved a $100,000 common stock buy-back plan.

Nortech Systems公司(NASDAQ:NSYS)是为医疗、航空防卫和工业市场服务的复杂电子和电机产品工程和制造解决方案的领先提供商,今天宣布公司董事会批准了一份10万美元的普通股回购计划。

About Nortech Systems Incorporated

关于Nortech Systems Incorporated

Nortech Systems is a leading provider of design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies, and components. Nortech Systems primarily serves the medical, aerospace & defense, and industrial markets. Its design services span concept development to commercial design, and include medical device, software, electrical, mechanical, and biomedical engineering. Its manufacturing and supply chain capabilities are vertically integrated around wire/cable/interconnect assemblies, printed circuit board assemblies, as well as system-level assembly, integration, and final test. Headquartered in Maple Grove, Minn., Nortech Systems currently has seven manufacturing locations and design centers across the U.S., Latin America, and Asia. Nortech Systems is traded on the NASDAQ Stock Market under the symbol NSYS. Nortech's website is www.nortechsys.com.

Nortech Systems是为复杂的电子医疗设备、电机系统、组件和装配提供设计和制造解决方案的领先供应商。其主要服务于医疗、航空防卫和工业市场。其设计服务涵盖了从概念开发到商业设计,包括医疗器械、软件、电气、机械和生物医药工程等方面。其制造和供应链能力是围绕线缆/电缆/互连组件组装、印刷电路板组装以及系统级组装、集成和最终测试而垂直整合的。总部位于明尼苏达州梅普尔格罗夫(Maple Grove),Nortech Systems目前在美国、拉丁美洲和亚洲拥有七个制造基地和设计中心。Nortech Systems在纳斯达克股票市场上交易,股票代码为NSYS。Nortech的网站是www.nortechsys.com.

Forward-Looking Statements

前瞻性声明

This press release contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 including without limitation statements regarding the ability of the Company to purchase shares of its common stock in accordance with the repurchase plan parameters adopted by the Company's Board of Directors. You should assume the information appearing in this document is accurate only as of the date hereof, or as otherwise specified, as our business, financial condition, results of operations and prospects may have changed since such date. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the United States Securities and Exchange Commission, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.

本新闻稿包含根据1995年《私人证券诉讼改革法》的安全港规定发表的前瞻性声明,包括但不限于关于公司能否按照董事会制定的回购计划参数购买其普通股的声明。您应该假设本文件中出现的信息仅在本日期,或者在其他指定日期,为准确信息,因为我们的业务、财务状况、运营结果和前景可能已经自那时以来发生了变化。除适用法律要求外,包括美国证券法和美国证券交易委员会的规定和规章,我们不承担公开更新或修订任何前瞻性陈述的义务,无论是因为新信息、未来事件或其他原因,以反映实际结果或影响此类前瞻性声明的因素或假设的变化。

View source version on businesswire.com: https://www.businesswire.com/news/home/20240611029894/en/

请查看商业线(businesswire.com)的源版本。https://www.businesswire.com/news/home/20240611029894/en/

Andrew D. C. LaFrence
Chief Financial Officer and Senior Vice President of Finance
alafrence@nortechsys.com
952-345-2243

Andrew D.C. LaFrence
致富金融(临时代码)和财务高级副总裁
alafrence@nortechsys.com
952-345-2243

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