Smith & Wesson Expands Share Buy Back Amid Gun Debate
Smith & Wesson (SWHC) said Thursday it plans to buy back another $15 million of shares by June 30 after finishing its $20 million repurchase program announced in early December. The gun maker's additional buyback plan comes amid cries for tougher gun control laws in the wake of the elementary school shooting in Connecticut earlier this month. Smith & Wesson shares were up nearly 3% in midday trading Thursday. Rival Sturm Ruger & Co. (RGR) shares
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