Keweenaw Land Association, Limited ("Keweenaw") announced that its Board of Directors has authorized a stock repurchase program. Under this program, Keweenaw may repurchase up to $1 million in aggregate value of its shares of Common Stock.
In connection with the repurchase program, Keweenaw has entered into a 10b5-1 plan during an open trading window while it was not in possession of material non-public information to facilitate the repurchases of its Common Stock. The shares may be repurchased from time to time in open market transactions at prevailing market prices or by other means in accordance with federal securities laws.
Keweenaw Land Association, Limited is a forest products and land management company located in Ironwood, Michigan.
