Courtesy of Benzinga.
Career Education Corporation (NASDAQ: CECO) today reported that its Board of Directors on November 11, 2011, authorized the use of an additional $100.0 million to repurchase outstanding shares of its common stock under the company’s stock repurchase program. This is in addition to the $153.3 million still available under its previously authorized stock repurchase program.
Stock repurchases under this program may be made on the open market or in privately negotiated transactions from time to time, depending on factors including market conditions and corporate and regulatory requirements.
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