BEI announces stock repurchase

Aug. 16, 2002 — BEI Technologies Inc., a San Francisco manufacturer of sensors, actuators and other motion control products, announced its board of directors has approved the repurchase of up to 300,000 additional shares of common stock.

The last time the company approved a stock repurchase was in May 2000, when it approved the repurchase of 300,000 shares. The company’s stock split 2-for-1 in November 2000.

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