TransAct Technologies Enters Into 10b5-1 Plan to Repurchase up to $9.8M of Common Stock

TransAct Technologies Incorporated (Nasdaq: TACT) today announced that it has entered into a 10b5-1 plan for the purchase of up to 150,000 shares of TransAct common stock under its current repurchase program. The Plan is effective from March 16, 2011 until July 29, 2011.

TransAct is authorized to repurchase up to $9.8 million of its outstanding shares of common stock from time to time on the open market until May 27, 2013, depending on market conditions, share price and other factors