Rollins, Inc. Announces Share Repurchases in the Fourth Quarter 2007
ATLANTA--(BUSINESS WIRE)--
Rollins, Inc., a premier North American consumer and commercial services company (NYSE: ROL), announced today share repurchases for the fourth quarter of 2007 totaling 566,650 shares of its $1 par value common stock at a weighted average price of $19.50 per share. Total share repurchases for 2007 totaled 2,373,300. In total 1,014,266 additional shares may be purchased under previously approved programs by the Board of Directors. The program does not have an expiration date.
Rollins, Inc. is a premier North American consumer and commercial services company. Through its wholly owned subsidiaries, Orkin, Inc., PCO Services, Western Pest Services, and The Industrial Fumigant Company, the Company provides essential pest control services and protection against termite damage, rodents and insects to approximately 1.7 million customers in the United States, Canada, Mexico, Central America, the Caribbean, the Middle East and Asia from over 400 locations. You can learn more about our subsidiaries by visiting our Web sites at www.orkin.com, www.westernpest.com, www.indfumco.com and www.rollins.com. You can also find this and other news releases at www.rollins.com by accessing the news releases button.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Statements in this press release regarding potential repurchases of Company common stock are forward looking statements within the meaning of the Private securities Litigation Reform Act of 1995. The timing and amount of future stock repurchases are subject to a number of uncertainties, including market conditions, the Company's liquidity and financial position, and applicable laws and regulations.
Source: Rollins, Inc.
Released January 2, 2008