Jarden to buy back shares

“We seek ways to enhance shareholder value wherever they may be found. We believe opportunistically acquiring shares of the Company is consistent with that goal.”

Jarden Corp., the Rye-based company that markets Bicycle playing cards, Mr. Coffee machines and Rawlings sporting goods, said its board has approved the repurchase of up to $100 million worth of shares stock. via The Patent Trader

[mammy]

I guess they figure the stock has got to turn around soon. It sure has gone down the toilet since I've bought some.