LightInTheBox Announces $20M Share Buyback Program

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LightInTheBox Holding
LITB
today announced that its Board of Directors has authorized a share repurchase program to repurchase up to $20 million worth of its outstanding American Depositary Shares representing its ordinary shares through December 15, 2014. Share repurchases may be made by the Company from time to time in open market transactions at prevailing market prices or in privately negotiated transactions and are subject to relevant rules under the Securities Act of 1934, as amended (the “Act”). The Company will also effect repurchase transactions in compliance with Rule 10b5-1 under the Act and the Company's insider trading policy. The share repurchase
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Posted In: NewsBuybacksGlobal
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