Ballantyne Strong Authorizes $8 Million Share Repurchase Program

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Ballantyne Strong, Inc.
BTN
, announced today that its Board of Directors has authorized the repurchase of up to $8 million of its outstanding common stock, or approximately 15.2% of its market capitalization, based on current market prices, and pursuant to a plan adopted under Rule 10b5-1 of the Securities Exchange Act of 1934.
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