Industry News, Ink Manufacturers News

EFI Announces $100 Million Share Repurchase Program

Share repurchase authorization expires in 18 months

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Electronics For Imaging, Inc. (EFI) announced that its Board of Directors has approved the repurchase of up to $100 million of the company’s outstanding shares of common stock. The company will enter into a trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate the repurchases in accordance with certain price, volume and timing conditions. While the share repurchase authorization expires in 18 months, the company expects to complete th...

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