Asia Entertainment & Resources (AERL) Announces New 2M Share Buyback Plan

July 31, 2012 8:04 AM EDT
Asia Entertainment & Resources Ltd. (NASDAQ: AERL) said its Board of Directors has established a new share repurchase program, which will expire on June 30, 2013. The share repurchase program authorizes the Company to purchase up to two million of its ordinary shares on the open market at prices to be determined by the Company’s management. 26,300 shares were purchased under the initial repurchase program.

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