The company states: “We continue to believe that our stock is a great investment at this time, and this is reflected in our share repurchase activity. Our focus on driving shareholder value creation remain as strong as ever, as evidenced by our Board’s recent approval to increase our share repurchase program by an additional $50 million. This is in addition to the $150 million that we have been utilizing to buy back our stock over the past few years.”
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