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P&F Industries, Inc.
P&F Industries Extends Share Repurchase Program
MELVILLE, N.Y., Sept. 12, 2008 (GLOBE NEWSWIRE) -- P&F Industries, Inc. (Nasdaq:PFIN) today announced that its Board of Directors has extended the time during which the Company may purchase shares of Class A Common Stock under its previously authorized share repurchase program to September 30, 2009. The Company is authorized to purchase up to 127,500 shares remaining pursuant to such share repurchase program. The timing and amount of share repurchases, if any, will depend on business and market conditions, as well as legal and regulatory considerations, among other things. The Company can give no assurances as to when or whether it will repurchase any shares.