Conmed Launches Share Buyback Plan

Medical technology company Conmed said its board authorized the repurchase of up to $50 million of the company's common shares from time to time in the open market or in private transactions. No more than $25 million shares may be purchased in any calendar year. The company will finance the repurchases from cash-on-hand and amounts available under Conmed's bank credit facility.

Forbes.com (http://www.forbes.com/business/commerce/feeds/ap/2005/02/15/ap1828431.html)