Orion Energy Systems (OESX) Raises Buyback Plan to $2.5 Million
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Orion Energy Systems Inc. (NYSE: OESX) announced today that its Board of Directors has approved an increase to the previously announced $1,000,000 share repurchase program. The increase authorizes the Company to repurchase in the aggregate up to $2,500,000 of its outstanding common stock. Purchases by the Company under this program may be made from time to time in open market purchases, privately negotiated transactions, accelerated stock repurchase programs or otherwise, as determined by the Company's management.
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