Telular Authorizes Stock Buyback of Up to 1 Million
The board of directors for Telular Corp. plans to repurchase up to 1 million shares of the company’s common stock. The company has 12.9 million shares of common stock outstanding.
Kenneth Millard, chairman and CEO of Telular, says. “We believe that our stock is undervalued, and repurchasing it is a sound investment.”
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