CUDAHY, Wis., Jan. 4 /PRNewswire/ -- Ladish Co., Inc. (Nasdaq: LDSH)
(http://www.ladishco.com) today announced that as of December 31, 2000 it has
completed its stock repurchase program by acquiring a total of 2.5 million
shares, or share equivalents, of Ladish Common Stock.
"We fulfilled our share buy-back commitment at the end of 2000 and are
pleased that the repurchase program was concluded on schedule," says Kerry L.
Woody, Ladish's President and CEO. "The repurchase of 2.5 million shares of
stock by the Company has proven to be both accretive to earnings and to
provide long-term value to our continuing stockholders."
Ladish Co., Inc. is a leading producer of highly engineered, technically
advanced components for the jet engine, aerospace and general industrial
markets. Ladish is headquartered in Cudahy, Wisconsin with operations in
Wisconsin, Oregon and Connecticut. Ladish common stock trades on Nasdaq under
the symbol LDSH.
SOURCE Ladish Co., Inc.
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Related links:
http://www.ladishco.com
Company News On-Call:
http://www.prnewswire.com/comp/131444.html or fax,
800-758-5804, ext. 131444
CONTACT:
Wayne E. Larsen of Ladish Co., Inc.,
414-747-2935, fax, 414-747-2890; or William J. Libby of Libby
Communications, 203-431-8480, fax, 203-431-6132, for Ladish Co.,
Inc.
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