Dialysis services company extends stock repurchase program, increases amount to $250M.

2003 SEP 18 - (NewsRx.com & NewsRx.net) -- Renal Care Group, Inc., (RCI) announced that its board of directors authorized an extension of its stock repurchase program through December 2004 and an increase in the plan from $200 million to $250 million.

The board of directors previously increased the authorized amount under the repurchase program from $100 million to $200 million in November 2002. Through August 8, 2003, the company had repurchased $111.8 million of its common stock under the repurchase program, leaving $138.2 million available for further repurchases prior to December 2004.

The company intends to repurchase its stock from time to time at …