|
|
|
Westell Technologies Announces Authorization of a New Share Repurchase Program |
|
AURORA, IL, February 8, 2010 – Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of broadband products, outside plant telecommunications equipment and conferencing services, today announced that its board of directors has approved a new share repurchase program of up to an aggregate of $10 million of its Class A Common Stock. The newly authorized repurchase plan will continue until the date the maximum amount of dollars authorized has been expended or the date the program is modified or terminated by the board of directors. The plan calls for the repurchases to be made in the open market or through privately negotiated transactions. The timing and amount of any share repurchases will depend upon share price, corporate and regulatory requirements, economic and market conditions and other factors.
Click here to view full press release
|
