EXHIBIT 99.1
Published on November 19, 2007
Exhibit 99.1
NEWS RELEASE
For Immediate Release |
Contact: |
William W. Sherertz |
President and
Chief Executive Officer
|
Telephone: |
(360) 828-0700 |
BBSI INCREASES SHARE REPURCHASE PROGRAM
AND QUARTERLY CASH DIVIDEND
VANCOUVER, WASHINGTON, November 16, 2007 - Barrett Business Services, Inc. (Nasdaq trading symbol: BBSI) announced today that its board of directors has increased the number of shares the Company is authorized to repurchase under its share repurchase program from 500,000 shares to one million shares.
The Company's board also declared a regular quarterly cash dividend of $0.08 per share, an increase of $0.01 per share. The cash dividend will be paid on December 14, 2007 to all stockholders of record as of November 30, 2007.
BBSI provides a comprehensive range of human resource management solutions to large and small companies throughout many regions of the United States.
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