Sapient Announces $100M Stock Repurchase Program

Sapient SAPE today announced that its Board of Directors has authorized a stock repurchase program of up to $100 million of the Company's common stock over the next two years. Under the program, Sapient's management is authorized to repurchase shares through Rule 10b5-1 plans, open market purchases, privately negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 of the Securities Exchange Act of 1934. Depending on market conditions and other factors, the repurchases may be commenced or suspended at any time or from time to time, without prior notice.