JEAN PHILIPPE SETS STOCK BUYBACK

NEW YORK--Jean Philippe Fragrances Inc. plans to buy back 250,000 shares of the company's common stock, bringing the total repurchase program to 500,000 shares.
As of March 30, the fragrance producer and distributor had repurchased 202,800 shares at about $8.40 a share.
Jean Philippe currently has some 10,039,986 shares outstanding.
The stock closed down 1/8 to 8 7/8 Thursday in over-the-counter trading.

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