Medicis Announces Share Repurchase Program Up to $200 Million

SCOTTSDALE, Ariz., Aug. 29, 2007 (PRIME NEWSWIRE) -- Medicis (NYSE:MRX) today announced that its Board of Directors has approved a stock trading plan to purchase up to $200 million in aggregate value of shares of Medicis' Class A common stock upon satisfaction of certain conditions. Medicis' plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
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