CTG announces extension of 10b5-1 plan to facilitate share repurchases CTG announced that it has extended a stock repurchase plan under Rule 10b5-1 of the Securities and Exchange Commission to facilitate the repurchase of its common stock. The company had approximately 250K shares available for repurchase as of September 27 under its outstanding repurchase authorizations. The plan is effective from October 3 until the day following the company's release of its Q3 financial results. CTG's 10b5-1 plan allows for the repurchase of shares during the time following the close of a quarter and the announcement of quarterly financial results when the company's stock repurchase policy does not allow for the direct purchase of shares by the company. The plan does not require that any shares be purchased.
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