NetSol Technologies, Inc. (NTWK) Shares Up after News of Buyback
Shares of NetSol Technologies, Inc. (NASDAQ:NTWK) are up 9%, climbing 14 cents to $1.67 in late Monday morning trading. Today, the company announced its board of directors has approved a share repurchase program authorization to buy back up to one million of its issued and outstanding common shares, effective March 24, 2008 through Sept. 24, 2008. "NetSol's board of directors' approval of the new share repurchase program reflects the confidence it has in NetSol's future and the value it sees in the company's current share price. While we continue to focus on the strength of our balance sheet to provide…