MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today announced that its board of directors has approved a stock repurchase program under which the company is authorized to repurchase shares of its common stock in an amount up to $250,000 over the next year, in amounts of up to $62,500 per quarter.

The repurchases will be made in the open market in compliance with applicable securities laws and other legal requirements and are subject to market conditions, share price, available cash and other factors. The plan does not obligate the company to acquire any particular amount of common stock and it may be suspended or discontinued at any time.

“Nortech is dedicated to creating long-term value and repurchasing our common stock represents the board’s confidence in our company’s future” https://abs.twimg.com/errors/logo23x19.png") -1px center no-repeat; float: left; font-size: 16px; margin: 10px 0px; padding: 3px 3px 3px 28px; border: none; outline-width: medium !important;">Tweet this “Nortech is dedicated to creating long-term value and repurchasing our common stock represents the board’s confidence in our company’s future,” said Rich Wasielewski, Nortech Systems’ president and CEO.

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