Charles & Colvard (CTHR) Authorizes 1M Share Buyback

November 13, 2009 1:18 PM EST

Charles & Colvard, Ltd. (NASDAQ: CTHR) announced today that its Board of Directors has authorized a share repurchase program of up to an aggregate 1 million shares of company stock. The program authorizes the Company to repurchase shares of the Company's common stock until August 12, 2010 in open market or private transactions.


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