Briggs & Stratton Announces Share Repurchase
20 January 1999
Briggs & Stratton Announces Share RepurchaseMILWAUKEE, Jan. 20 -- Briggs & Stratton Corporation Briggs & Stratton Corporation announced today that its Board of Directors has approved the repurchase of up to 1.3 million shares of the Company's common stock. Purchases will be made from time to time, using available cash, in open market or private transactions. These share repurchases are intended to minimize dilution from shares issued for employee benefit plans. BRIGGS & STRATTON CORPORATION James E. Brenn Senior Vice President and Chief Financial Officer