Tranche Update on Ingles Markets, Incorporated (NasdaqGS:IMKT.A)'s Equity Buyback Plan announced on March 9, 2010.
January 30, 2012 at 04:32 pm EST
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From September 25, 2011 to December 24, 2011, the company has repurchased 156,183 shares, representing 0.27% for $2.38 million. With this, the company has completed the repurchase of 239,183 shares, representing 0.98% for $3.73 million under the buyback announced on March 9, 2010.
Ingles Markets, Incorporated is a supermarket chain in the southeast United States. It operates a total of 198 supermarkets, including 75 in North Carolina, 65 in Georgia, 35 in South Carolina, 21 in Tennessee, one in Virginia and one in Alabama. It operates 189 supermarkets under the name Ingles, and nine supermarkets under the name Sav-Mor. Ingles supermarkets offer customers a variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables, and non-food products. Its non-food products include fuel centers, pharmacies, health and beauty care products and general merchandise. It also offers private label items and locally sourced items throughout its market areas. In addition, it focuses on selling products to its customers through the development of certified organic products, bakery departments and prepared foods, including delicatessen sections. It also operates 114 in-store pharmacies and 108 fuel stations.
INGLES MARKETS, INCORPORATED 
