MICROS Systems (MCRS) Approves Additional 2 Million Share Buyback
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MICROS Systems, Inc. (Nasdaq: MCRS) has approved the repurchase of an additional 2,000,000 shares of its Common Stock over the next three years. This follows the 2,000,000 shares of Common Stock (post split) approved by the MICROS Board of Directors in November 2007 for repurchase, which has now been substantially completed. Shares will be purchased from time to time in the open market as business conditions warrant. This stock buyback will take effect immediately.
MICROS Systems, Inc. is a designer, manufacturer, marketer and servicer of enterprise information solutions for the global hospitality and specialty retail industries. [SM]
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