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Lifeway Foods To Buy Back Up To 100,000 Shares

MORTON GROVE, Ill. (AP) ¿ Lifeway Foods Inc., which makes drinkable yogurt products, said Thursday it will repurchase up to 100,000 shares under a new buyback program.

Lifeway's previous buyback program of 100,000 shares was completed in July.

The company will use available cash resources to fund the new program, which will last for a year after the first purchase.

Shares fell 8 cents to $11.43 during midday trading.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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