magicJack (CALL) Board Approves $20M Buyback
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magicJack Announces New $20m Stock Repurchase Program
March 16, 2015 4:35 PM EDTWEST PALM BEACH, Fla. and JERUSALEM, March 16, 2015 (GLOBE NEWSWIRE) -- magicJack VocalTec Ltd. (Nasdaq: CALL), a leading VoIP cloud-based communications company, today announced that its Board of Directors has authorized a new share repurchase program under which the company may repurchase up to $20.0 million of its outstanding common stock from time to time on the open market or in privately negotiated transactions. The company's prior $100 million repurchase program, pursuant to which $91.3 million of its outstanding common stock was repurchased and $8.7 million remained authorized for repurchases has been terminated.
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