Pacific Sunwear (PSUN) Announces New $50M Buyback
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Pacific Sunwear of California, Inc. (Nasdaq: PSUN) authorized the Company to repurchase up to an additional $50.0 million of its common stock in the open market from time to time.
During fiscal 2008, the Company completed its previous stock repurchase authorization, having repurchased 5,023,910 shares at an average price of $10.05 per share, for approximately $50.5 million
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