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Class A motorhome manufacturer Rexhall Industries Inc. announced plans today to buy-back up to 250,000 shares of its own stock.

The 250,000 shares represent 8% of Rexhall’s 3.2 million outstanding shares.

The company announced the repurchase program because it believes its stock currently is undervalued.

Rexhall will buy-back its shares in open market transactions. Its shares trade on the Nasdaq Stock Market.