Arden Group Buys Back Shares

LOS ANGELES -- Arden Group here said last week it has acquired 68,331 shares of its Class A stock in a private transaction for an aggregate purchase price of about $7.52 million, or about $110 per share.

LOS ANGELES -- Arden Group here said last week it has acquired 68,331 shares of its Class A stock in a private transaction for an aggregate purchase price of about $7.52 million, or about $110 per share. The remaining shares authorized by the board for purchase is about 22,904. Arden operates the 18-unit Gelsonā€˜s Markets chain in Southern California.

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