November 18, 2009 (FinancialWire) — Optical Cable Corp.’s (NASDAQ: OCCF) board has approved a plan to purchase and retire up to 325,848 shares of OCC’s common stock, or 5% of the current shares outstanding.

OCC said it anticipates that the purchases will be made during the next 12 to 24 months.

In October 2009, OCC completed the purchase and retirement of an aggregate of 300,100 common shares under a plan announced on March 26, 2007.

Optical Cable is a manufacturer of a range of fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market.

Roanoke, Virginia-based Optical Cable primarily manufactures its fiber optic cables at its facility located in Roanoke, Virginia and its commercial connectivity products at its acility located near Asheville, North Carolina.

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