bebe stores (BEBE) Approves $30M Buyback Plan

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bebe stores, inc. (NASDAQ: BEBE) has authorized a program to repurchase up to $30 million of its common stock. The Company intends, from time to time, as business conditions warrant, to repurchase stock in the open market or through private transactions. Purchases may be increased, decreased or discontinued at any time without prior notice. The plan does not obligate the Company to repurchase any specific number of shares and may be suspended at any time at management’s discretion. The Company currently has approximately 84 million shares outstanding.

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