Network-1 Increases its Share Repurchase Program

Go back to Network-1 Increases its Share Repurchase Program

Network-1 (NTIP) Approves Additional $2M Buyback

June 18, 2015 4:42 PM EDT

Network-1 Technologies, Inc. (NYSE: NTIP) announced today that its Board of Directors has authorized an increase to its previously announced share repurchase program pursuant to Rule 10(b)-18 of the Securities and Exchange Act, as amended, permitting the Company to repurchase up to an additional $2,000,000 in shares of its common stock over the next twelve months (for a total of up to $14,000,000 since inception of the program in August 2011). The... More