Park Electrochemical Corp. announces an Equity Buyback for 1,250,000 shares, representing 5.97% of its issued share capital.

Park Electrochemical Corp. (NYSE:PKE) announces a share repurchase program. Under the program, Park Electrochemical will repurchase up to 1,250,000 shares, representing 5.97% of its issued capital.

The shares will be repurchased from time to time on the open market or in privately negotiated transactions. The repurchased shares will be retained as treasury stock. The shares will be available for use under the company's stock option plans and for other corporate purposes.

As of January 7, 2015, Park Electrochemical had 20,945,634 shares outstanding.