Tier Technologies (TIER) Repurchases 300K Shares of Common Stock
More News related to TIER
- Tier Technologies to Present at Barrington Research Associates Consumer and Business Services Conference
- After-Hours Movers 11/09: SGK, PCLN, SQNM Higher; MBI, SDTH, UTK, TOPS, CPST, BTN, FLR Lower
- Tier Technologies (TIER) Reports a Q4 Loss
- Tier Reports Fiscal 2009 Fourth Quarter and Year End Results
- Trading Radar for 11/10: Tyco Int. (TYC), ArvinMeritor (ARM), Clearwire (CLWR), American Apparel (APP) Report
More News related to Stock Buybacks
- Pre-Paid Legal Services (PPD) To Repurchase Additional 1M Shares
- Tech Data (TECD) Authorizes $100M Buyback
- Bally Tech (BLY) Releases Results of Shareholder Meeting; OKs $100M Stock Buyback
- General Dynamics (GD) Declares $0.38 Quarterly Dividend; 2.2% Yield; Authorizes 10M Share Buyback
- Unify Corp. (UNFY) Announces 300K Common Repurchase
Tier Technologies, Inc. (NASDAQ: TIER) signed an agreement on September 3, 2009 to repurchase 300,000 shares of Tier common stock. The purchase is part of Tier's previously disclosed $20 million stock repurchase program. Commenting on the stock repurchase, Ronald L. Rossetti, Chairman and Chief Executive Officer of Tier, said, "As previously announced, we continue to see long-term investment value in our common stock and will purchase additional shares from time to time to enhance shareholder value."
Tier Technologies, Inc. primarily provides federal, state and local government and other public sector clients with electronic payment processing and other transaction processing services. [SM]
Related Categories
Stock BuybacksStocks Mentioned
+0.22Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
