{"id":460967,"date":"2021-03-18T14:03:32","date_gmt":"2021-03-18T18:03:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=460967"},"modified":"2021-03-18T14:03:32","modified_gmt":"2021-03-18T18:03:32","slug":"natural-alternatives-international-inc-announces-a-3-million-increase-in-its-stock-repurchase-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/natural-alternatives-international-inc-announces-a-3-million-increase-in-its-stock-repurchase-plan\/","title":{"rendered":"Natural Alternatives International, Inc. Announces a $3 Million Increase in its Stock Repurchase Plan"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CARLSBAD, Calif.<\/span>, <span class=\"xn-chron\">March 18, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Natural Alternatives International, Inc. (&#8220;NAI&#8221;) (Nasdaq: NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, today announced its Board of Directors authorized a <span class=\"xn-money\">$3.0 million<\/span> increase to its stock repurchase plan bringing the total plan authorized repurchase amount to <span class=\"xn-money\">$15.0 million<\/span>. Under the repurchase plan, NAI may, from time to time, purchase shares of its common stock, depending upon market conditions, in open market or privately negotiated transactions. To date, we have purchased 1.6 million shares under this repurchase plan and after this increase we will have <span class=\"xn-money\">$3.2 million<\/span> available for stock repurchases under the plan.<\/p>\n<p>NAI, headquartered in <span class=\"xn-location\">Carlsbad, California<\/span>, is a leading formulator, manufacturer and marketer of nutritional supplements and provides strategic partnering services to its customers. Our comprehensive partnership approach offers a wide range of innovative nutritional products and services to our clients including: scientific research, clinical studies, proprietary ingredients, customer-specific nutritional product formulation, product testing and evaluation, marketing management and support, packaging and delivery system design, regulatory review and international product registration assistance. For more information about NAI, please see our website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3101857-1&amp;h=3401946&amp;u=http%3A%2F%2Fwww.nai-online.com%2F&amp;a=http%3A%2F%2Fwww.nai-online.com\" rel=\"nofollow noopener noreferrer\">http:\/\/www.nai-online.com<\/a>.<\/p>\n<p>This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 that are not historical facts and information. These statements represent our intentions, expectations and beliefs concerning future events, including, among other things, our financial condition, and our ability to acquire our own shares on a reasonable basis, as well as future economic conditions and the impact of such conditions on our business. We wish to caution readers these statements involve risks and uncertainties that could cause actual results and outcomes for future periods to differ materially from any forward-looking statement or views expressed herein. NAI&#8217;s financial performance and the forward-looking statements contained herein are further qualified by other risks including those set forth from time to time in the documents filed by us with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K.<\/p>\n<p>CONTACT \u2013\u00a0Michael Fortin, Chief Financial Officer, Natural Alternatives International, Inc., at 760-736-7700 or\u00a0<a target=\"_blank\" href=\"mailto:investor@nai-online.com\" rel=\"nofollow noopener noreferrer\">investor@nai-online.com<\/a>.<\/p>\n<p>Web site:\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3101857-1&amp;h=163694353&amp;u=http%3A%2F%2Fwww.nai-online.com%2F&amp;a=http%3A%2F%2Fwww.nai-online.com%2F\" rel=\"nofollow noopener noreferrer\">http:\/\/www.nai-online.com\/<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA14604&amp;sd=2021-03-18\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/natural-alternatives-international-inc-announces-a-3-million-increase-in-its-stock-repurchase-plan-301250443.html\">http:\/\/www.prnewswire.com\/news-releases\/natural-alternatives-international-inc-announces-a-3-million-increase-in-its-stock-repurchase-plan-301250443.html<\/a><\/p>\n<p>SOURCE  Natural Alternatives International, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA14604&amp;Transmission_Id=202103181400PR_NEWS_USPR_____LA14604&amp;DateId=20210318\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CARLSBAD, Calif., March 18, 2021 \/PRNewswire\/ &#8212;\u00a0Natural Alternatives International, Inc. (&#8220;NAI&#8221;) (Nasdaq: NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, today announced its Board of Directors authorized a $3.0 million increase to its stock repurchase plan bringing the total plan authorized repurchase amount to $15.0 million. Under the repurchase plan, NAI may, from time to time, purchase shares of its common stock, depending upon market conditions, in open market or privately negotiated transactions. To date, we have purchased 1.6 million shares under this repurchase plan and after this increase we will have $3.2 million available for stock repurchases under the plan. NAI, headquartered in Carlsbad, California, is a leading formulator, manufacturer and marketer of nutritional &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/natural-alternatives-international-inc-announces-a-3-million-increase-in-its-stock-repurchase-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Natural Alternatives International, Inc. Announces a $3 Million Increase in its Stock Repurchase Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-460967","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Natural Alternatives International, Inc. 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(&#8220;NAI&#8221;) (Nasdaq: NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, today announced its Board of Directors authorized a $3.0 million increase to its stock repurchase plan bringing the total plan authorized repurchase amount to $15.0 million. Under the repurchase plan, NAI may, from time to time, purchase shares of its common stock, depending upon market conditions, in open market or privately negotiated transactions. To date, we have purchased 1.6 million shares under this repurchase plan and after this increase we will have $3.2 million available for stock repurchases under the plan. NAI, headquartered in Carlsbad, California, is a leading formulator, manufacturer and marketer of nutritional &hellip; Continue reading &quot;Natural Alternatives International, Inc. 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