Courtesy of Benzinga.
Material Sciences Corporation (NASDAQ: MASC), a leading provider of material-based solutions for acoustical and coated applications, today announced that the Company’s Board of Directors has authorized the repurchase of up to 1,000,000 additional shares of common stock. The previous authorization announced in late September 2011 has approximately 400,000 shares remaining to be repurchased. The share repurchases will be made from time to time at Material Sciences’ discretion, subject to market conditions and other factors, and will be funded with internally generated cash.
