LCA-Vision Completes $50 Million Share Repurchase Plan

CINCINNATI--(BUSINESS WIRE)--LCA-Vision Inc. (Nasdaq:LCAV), a leading provider of laser vision correction services under the LasikPlus brand, announced today that it recently completed its existing share repurchase plan. Under the plan, which was approved by the Board of Directors on November 21, 2006, the company was authorized to purchase up to $50 million of its common stock. Between November 21, 2006 and August 13, 2007, the company repurchased a total of 1,481,630 shares of its common stock for approximately $50 million at an average price per share of $33.75. LCA-Vision currently has approximately 19,040,664 million shares outstanding, and as of June 30, 2007, had cash equivalents and short-term investments of approximately $117.3 million.

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