WebMediaBrands Inc. WEBM today announced that its Board has approved
a stock repurchase program whereby WebMediaBrands may repurchase its common
stock from time to time in the open market or through privately negotiated
transactions. WebMediaBrands intends to finance the repurchase of its stock
with cash and purchases will not be made if they would reduce WebMediaBrands
cash below $1.2 million. The purchase plan is expected to continue
indefinitely and the amount of purchases will depend on cash available and
other investment and business opportunities.
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