Famous Dave's (DAVE) Adds 1M to Buyback

May 2, 2012 4:35 PM EDT Send to a Friend
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Famous Dave's of America, Inc. (Nasdaq: DAVE) today announced that its Board of Directors has authorized a stock repurchase plan of up to one million additional shares of its common stock. The shares may be repurchased from time to time in the open market or through privately negotiated transactions, and will be funded from available working capital. The repurchase plan may be discontinued at any time at the discretion of the company. Currently, the company has approximately 7.6 million shares outstanding.

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