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Short Take: Artisoft announces stock repurchase program

Artisoft readopted and extended a stock purchase program in which the company can repurchase as many as 1 million shares of its outstanding common stock in open market transactions, depending upon market conditions and other factors. Artisoft currently owns approximately 14.5 million of its own shares.

Paul Festa Staff Writer, CNET News.com
Paul Festa
covers browser development and Web standards.
Paul Festa
readopted and extended a stock purchase program in which the company can repurchase as many as 1 million shares of its outstanding common stock in open market transactions, depending upon market conditions and other factors. Artisoft currently owns approximately 14.5 million of its own shares.