PRGX Global to repurchase stock
by MDJ staff
April 09, 2014 12:00 AM | 1259 views | 0 0 comments | 12 12 recommendations | email to a friend | print
Cumberland-based PRGX Global Inc., the world’s leading provider of recovery audit services, announced its board of directors has approved a $10 million increase in its stock repurchase program, bringing the total amount of its common stock the company may repurchase under the program to $20 million.

The board’s authorization allows the company to repurchase stock through March 31, 2015. The timing and amount of any repurchases, if any, will depend upon the company’s stock price, economic and market conditions, regulatory requirements and other corporate considerations. The company may initiate, suspend or discontinue purchases under the stock repurchase program at any time.

The company currently has about 29.9 million shares of common stock outstanding.

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