Xcerra (XCRA) Approves $30M Common Stock Buyback

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Xcerra Announces Stock Repurchase Program

September 3, 2015 6:55 AM EDT

NORWOOD, Mass., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (NASDAQ: XCRA) today announced that its Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock from time to time on the open market or in privately negotiated transactions pursuant to a newly authorized stock repurchase plan (the "2015 Repurchase Plan"). The 2015 Repurchase Plan replaces and supersedes in its entirety the stock repurchase plan approved by the Board of Directors in September 2011, which had approximately $6 million remaining in the plan.

The timing and amount of any shares repurchased under... More

Xcerra Announces Stock Repurchase Program

September 3, 2015 6:55 AM EDT

NORWOOD, Mass., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Xcerra Corporation (NASDAQ: XCRA) today announced that its Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock from time to time on the open market or in privately negotiated transactions pursuant to a newly authorized stock repurchase plan (the "2015 Repurchase Plan"). The 2015 Repurchase Plan replaces and supersedes in its entirety the stock repurchase plan approved by the Board of Directors in September 2011, which had approximately $6 million remaining in the plan.

The timing and amount of any shares repurchased under... More