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Insignia Systems Announces $5M Stock Buyback Plan

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Insignia Systems (NASDAQ: ISIG) 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

See full press release

 

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