Westell to repurchase common shares
Westell Technologies’ board of directors has authorized the open market repurchase of up to 1 million Class A common shares, which will be made “from time to time, based on market conditions,” according to the company.
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“The current market price of our shares represents an outstanding purchase opportunity,” said Van Cullens, president and CEO, in a statement.
--Glenn Bischoff, Senior Writer
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© 2012 Penton Media Inc.
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