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Stock Market & Financial Investment News

News Breaks
December 2, 2013
05:37 EDTTAOMTaomee extends share repurchase plan to Nov. 24, 2014
Taomee Holdings announced that its board approved and ratified the further extension of the company's previous share repurchase plan, which was dated November 22, 2011 and previously extended to November 23, for another 12 months from November 24, 2013 to November 23, 2014. Upon such extension, Taomee is authorized, but not obligated, to continue to repurchase, through open market purchase or privately negotiated transactions, up to the remaining balance of the US$10 million worth of outstanding ADSs.
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