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03:48 May 20, 2001
Polish to English translations [PRO] Bus/Financial
During the quarter, the company’s stock repurchase program remained active, with the Company purchasing over 900,000 shares of stock for $33.2 million. Approximately $217 million remained available for repurchase as of June 30, 1999. Equifax has continued to repurchase its stock during the third quarter of 1999.
During the quarter Equifax incurred Year 2000 readiness expenses of about $5.0 million after tax, or $.035 per share. The 1998 acquisitions in Brazil diluted earnings by about $.02 per share. Revenue growth for the quarter, excluding acquisitions and divestitures, was in the mid-single digits.