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Sykes Enterprises (SYKE) Announces 5 Million Share Buyback Plan

August 19, 2011 7:03 AM EDT
SYKE Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: -10.3%
Sykes Enterprises, Incorporated (Nasdaq: SYKE) announced today that its Board of Directors has authorized the repurchase of up to 5 million shares of its outstanding common stock to be obtained either in the open market or through privately negotiated purchases.

This new share repurchase authorization plan is in addition to the previously-announced 3 million share repurchase program authorized in August 2002, of which approximately 2.8 million shares have already been repurchased.


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