Internet Gold Golden Lines (IGLD) Announces $21M Buyback Program
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Internet Gold Golden Lines Ltd. (NASDAQ: IGLD) today announced that its Board has authorized the repurchase of up to approximately $21 million of the Company's ordinary shares.
This is the second repurchases program to be authorized by the Company's Board of Directors and purchases will be made from time to time in the open market on the NASDAQ Global Market and Tel Aviv Stock Exchange. The timing and amount of any share purchases will be determined by the Company's management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at any time.
Internet Gold Golden Lines, Ltd. provides communication and Internet media services in Israel.
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