SIMMONS AIRLINE <SIMM.O> DOUBLES STOCK BUYBACK
Simmons Airlines Inc said its board of
directors authorized a doubling in the company's stock
repurchase program to one mln shares from 500,000 shares.
    The buyback would represent about 20 pct of its issued
shares, Simmons said.
    The company said it bought 205,000 shares today, bringing
its total repurchase since the program was authorized on July
29 to 534,500 shares. It said Simmons now has 4,540,459 shares
outstanding. Its stock closed at 5-5/8 bid and 5-3/4 offered.
    Shares will be bought privately and in the open market, it
said.
 Reuter
