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Stock Market & Financial Investment News

News Breaks
October 1, 2012
07:05 EDTUTSIUTStarcom provides update on share repurchase program
UTStarcom provided an update on its third quarter share repurchase activity under its ongoing $20M share repurchase program that was launched in August 2011. During the third quarter of 2012, the company repurchased $3.48M of its ordinary shares, bringing the cumulative total under the current program to approximately $13M, which represents 65% of the amount authorized by the Board. There is approximately $7M remaining under the current share repurchase program, which the board extended through February 15, 2013.
News For UTSI From The Last 14 Days
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July 21, 2015
06:01 EDTUTSIUTStarcom appoints GHP Horwath as independent auditor
UTStarcom announced that it has dismissed PricewaterhouseCoopers Zhong Tian and appointed GHP Horwath as the Company’s independent auditor effective July 21. The Company’s Audit Committee and Board of Directors participated in and approved the decision to change the Company’s independent registered public accounting firm. The Company will endeavor to work with GHP Horwath to complete interim procedures in conjunction with the Company’s Q2 earnings announcement. The Company is currently working with PwC and GHP Horwath to ensure a smooth transition.

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