Barrett Business Services, Inc. Announces New Stock Repurchase Program
PORTLAND, Ore., Feb. 26 /PRNewswire/ -- Barrett Business Services, Inc.
(Nasdaq: BBSI) board of directors adopted a new stock repurchase program today
and authorized the purchase of up to 250,000 common shares from time to time
in open market purchases.
William W. Sherertz, President and Chief Executive Officer, stated that:
"This action reflects our firm belief that the company's stock represents an
outstanding investment opportunity."
Barrett Business Services, Inc. is a human resource management company
with offices in ten states. Barrett reported revenues of $303 million and net
income of $3.8 million for 1998.
SOURCE Barrett Business Services, Inc.
Web site: http: //www.barrettbusiness.com
Company News On-Call: http: //www.prnewswire.com/comp/082187.html or fax, 800-758-5804, ext. 082187
CONTACT: William W. Sherertz, President and Chief Executive Officer of Barrett Business Services, Inc., 503-220-0988
Released February 26, 1999