Loral (LORL) Authorizes 800K Buyback

Loral Space & Communications Inc. (Nasdaq: LORL) has approved a stock repurchase program under which the Company may repurchase up to 800,000 shares of its outstanding voting common stock. Loral had 21,207,448 shares of voting common stock and 9,505,673 shares of non-voting common stock outstanding as of October 31, 2011.

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