Charles River Associates (CRA) Announces Expanded Share Repurchase Program

Charles River Associates

today announced that its Board of Directors has authorized an expanded share repurchase program of up to $5.0 million of its common stock, in addition to its currently existing share repurchase program. In February 2012, the Company announced that its Board of Directors authorized a share repurchase program of up to $4.45 million of its common stock. As of August 9, 2012, the Company has repurchased 214,350 shares at a cost of approximately $3.9 million under the existing plan.