SRS Labs Announces 1M Share Stock Repurchase Program

SRS Labs, Inc. SRSL today announced that its board of directors has approved a stock repurchase program. Under the stock repurchase program, SRS Labs may acquire up to one million shares of the company's outstanding common stock. The stock repurchase program will commence February 25, 2011 and will conclude on December 31, 2011. Purchases may be made from time to time in the open market, in block purchases or in privately negotiated transactions, depending on market conditions, share price and other factors.