CDW Computer Centers (CDWC) said Monday it has agreed to buy 1.5 million of its shares from two of its executives in connection with its share buyback program.
The Vernon Hills, Ill., technology products and services provider said it agreed to purchase the stocks from Gregory Zeman, its president, and Daniel Kass, its executive vice president of sales, at a price of $38.423 per share. The company made the agreements at the end of regular trading session on Friday.
Shares of CDW were lately down 88 cents, or 2.12%, to $37.56 in early trading on the
Under its previously announced stock repurchase program, it is allowed to repurchase up to 5 million shares through January 2003, CDW said.