Intersections Will Buy Back Up to $2.5M Shares
Intersections Inc.(Nasdaq: INTX) today announced it has entered into a trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 to facilitate repurchases by the Company of up to $2.5 million of its common stock. It is anticipated that the repurchase plan will commence on June 10, 2012 and will remain in effect until July 31, 2012 but may be limited or terminated at any time without prior notice.
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