Find the right product for your application with these fast, easy online tools.
Black Box products can be conveniently purchasedthrough a broad range of qualified distributorsand resellers located around the globe.
Black Box is a qualified GSA supplier and acceptsall government purchasing cards.
Meet government requirements with our extensiveline of TAA compliant products.
Save with discounts tailored for first-time buyers,vertical markets, resellers, and more.
Sign up to receive your favoriteBlack Box catalogs free.
Get fast answers from one of our Experts.
Helping you is our priority at Black Box.You can contact us by phone, fax, email, or chat with one of our Experts for immediate assistance.
An Expert will call you within30 seconds. It's live and it'sfree.
Get fast answersfrom one of ourExperts.
Helping you is our priority at BlackBox. You can contact us by phone,fax, or email with one of our Experts for immediate assistance.
Local Sales Calls
1300 73 44 55
International Sales Calls
+61 3 9237 8100
(03) 9764 0673
+61 3 9764 0673
0800 653 219
0800 737 837
We’ll respond in 60 seconds or less!
Answered in 15 minutes or less!
We'll answer within 60 minutes or less!
Friday, August 13, 2004
Black Box Corporation Announces Increase in Share Repurchase Program
Black Box Corporation (NASDAQ:BBOX) today announced that its Board of Directors approved an increase of 1,000,000 shares under the existing Black Box common share repurchase program. With this increase, Black Box now has authorization to repurchase approximately 1,400,000 of its shares, or approximately 8% of the currently outstanding shares. During the first quarter of Fiscal 2005, the Company repurchased approximately 552,000 shares for an aggregate purchase price of approximately $25 million.
“Consistent with our positive cash flow, we remain committed to our stock repurchase program. Since the inception of the program in 1999, we have repurchased approximately 6,100,000 of our shares for an aggregate consideration of $265 million. In addition, we have reduced our overall debt since 1999 from $106 million to $48 million as of our first quarter end,” comments Fred C. Young, Chief Executive Officer.
Black Box is the world’s largest technical services company dedicated to designing, building, and maintaining today's complicated network infrastructure systems. Black Box services clients of all sizes in 132 countries throughout the world.
Black Box Corporation
Get in touch and stay in touch with Black Box Network Services:
» Contact us
» Get Catalog
» Join our Mailing List to Receive White Papers, Case Studies, and Special Offers
» Follow Us
Black Box Network Services offers comprehensive communications and infrastructure solutions. Find out what we can do for you:
Find high quality products at the right price. Search and buy from our 118,000+ product catalog:
Black Box Network Services is the world's largest independent provider of communications, infrastructure, and product solutions. Learn more about us: