| DTS announced that its Board of Directors has approved a plan to repurchase up to one million shares of the company's common stock in the open market or in privately negotiated transactions, depending upon market conditions, relevant security laws and other conditions. “We believe this repurchase plan underscores our confidence in the company’s promising future,” commented Jon Kirchner, president and CEO of DTS. “We believe the plan is a prudent use of cash, and reinforces our ongoing commitment to building long-term shareholder value.” :theflyonthewall.com |
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