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Duckwall-ALCO Stores Announces Resumption of Stock Repurchase Program

ABILENE, Kan., Jan. 26, 2012 (GLOBE NEWSWIRE) — Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) announced today that it is resuming the Company’s stock repurchase program.

The original buy-back authorization in 2006 had approved the repurchase of 200,000 shares. Of those 200,000 shares, 25,534 have been repurchased at various times, leaving 174,466 shares available to be repurchased.

Duckwall-ALCO Board Chairman Royce Winsten said, “The Board believes it to be a good use of shareholders’ capital to buy the Company’s stock at current prices. We are confident this decision will benefit our shareholders in the long run.”

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