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Easyhome to buy more shares

By Furniture Today Staff -- Furniture Today, March 26, 2006

Canadian rent-to-own specialist Easyhome said it would buy back up to 695,000 shares of its common stock during the next 12 months.

The total represents about 10% of the "public float," the number of shares typically available for trading. Easyhome said it repurchased 10,100 of its shares at an average price of $15 per share during the previous 12 months.

Shares of the chain, which has 172 stores, are listed on the Toronto Stock Exchange.

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