Insignia Systems Announces $5M Stock Buyback Plan

Insignia Systems

announced today that the Company's Board of Directors approved a Stock Repurchase Plan authorizing the Company to repurchase up to $5,000,000 of the Company's common stock. The announcement reflects the Board's desire to return value to shareholders and its continuing efforts to investigate uses of the Company's cash. The Company will fund repurchases through cash on hand and future cash flow from operations. Shares may be purchased from time to time on the open market or in privately negotiated transactions until December 3, 2015. The plan does not obligate the Company to acquire any particular amount of common stock, and purchases under the plan may be commenced, suspended or discontinued at