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United States : AUTOBYTEL allowed to expand stock repurchase program [TendersInfo (India)]
[September 19, 2014]

United States : AUTOBYTEL allowed to expand stock repurchase program [TendersInfo (India)]


(TendersInfo (India) Via Acquire Media NewsEdge) Pioneer of the automotive Internet and the firm commitment to connecting automotive consumers with dealers, Autobytel Inc.'s Board of Directors has approved a further $1.0 million common stock buy-back program.



The approval expands the total program to a total of $3.0 million of common share the firm was allowed to buy.

The board had earlier allowed Autobytel to buy-back $2.0 million of its common stock on June 7, 2012.


The latest approval shows the boards' desire to continue to return value to shareholders and its confidence in the long-term development potential of the company's business.

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