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News Breaks | | | | December 18, 2012 | | 16:37 EDT |  | PEGA | Pegasystems approves expansion of share repurchase program
Pegasystems announced that its Board of Directors has authorized an expansion of the Company's current share repurchase program. Under this expansion, the expiration date of the Current Repurchase Program has been extended from December 31 to December 31, 2013, and $15M in repurchases of the Company's common stock between December 13 and December 31, 2013 has been approved, over and above the amounts repurchased through December 12. This expansion is effective as of December 12, 2012. Through December 12, 2012, the Company had repurchased 175,946 shares under the Current Repurchase Program, for an average price of $28.41 per share. | |
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