Share Repurchase Program Approved by Harris Interactive (HPOL) Board
Global market research firm Harris Interactive announced that its board of directors has approved a share repurchase program of the company’s common stock of up to $3 million over the next 24 months. Under the program’s stipulations, repurchases will be made at management’s discretion in the open market or through privately negotiated transactions in compliance with applicable laws, rules, and regulations; also meeting certain conditions and requirements. This share repurchase program will give the company flexibility to repurchase shares at its own discretion while also maintaining liquidity. Based on its projected fiscal 2012 performance, the company feels its stock is…