Bethlehem Steel
   About Bethlehem Steel      Services      Products      Facilities




   CONTACT US      Environmental Progress      News Room      HOME  Site Map/Search
  Restructuring
   - PBGC Website
   - Employee Benefits
   - Customer Communications
   - Supplier Communications
  Customers

   - Customer Corner
   - Credit

  Suppliers
   - Conditions and Policies
   - Invoice Status
       - Obtain Invoice Status UserID
  Investors
   - 2002/2001 Financials
   - Other Information
  Employees
   - HR Programs
   - Medical Plan Comparisons
   - Notice of Privacy Practices
  Bethlehem Steel: Press Room

News Releases  •  Image Bank  •  Executive Profiles  •  Steelmaking Process  •  History   •  Restructuring Past Announcements  •  Video Players and Downloads

Bethlehem's Board Authorizes Stock Repurchase Plan

  • Click here to print PDF file

    Bethlehem Steel Corporation
    For Immediate Release

    Bethlehem, Pa., December 7, 2000 -- Bethlehem Steel Corporation (NYSE:BS) announced today that its Board of Directors had authorized the repurchase of up to 25 million shares of the Company's outstanding common stock.

    Bethlehem plans to repurchase the stock from time to time by means of open market purchases and private transactions, depending on availability and price.

    Duane R. Dunham, chairman, president and chief executive officer, said, "Today's repurchase authorization reflects the Board's and management's confidence that, at its current market price levels, Bethlehem's stock represents a good investment opportunity. The action also confirms the Board's commitment to enhance stockholder value."

    •    
     
    Privacy Statement
    �2001, Bethlehem Steel Corporation