Virtus Investment Partners (VRTS) Adds 500k Common to Buyback
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Virtus Investment Partners (NASDAQ: VRTS) has authorized an additional 500,000 shares of common stock under the current share repurchase program that was authorized in May 2013. Under the terms of the program, the company may repurchase shares of its common stock from time to time at its discretion through open market repurchases and/or privately negotiated transactions, depending on price and prevailing market and business conditions. The program, which has no specified term, may be suspended or terminated at any time.
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