PC Connection Unveils New $15 Mln Stock Buyback Program

(RTTNews) - PC Connection, Inc. (PCCC) said Friday that its board of directors has approved a new share repurchase program authorizing up to $15 million in share repurchases.

There is no fixed termination date for the new repurchase program. Purchases may be made in open-market transactions, block transactions on or off an exchange, or in privately negotiated transactions.

PC Connection's board had previously authorized a share repurchase program under which the remaining authorized amount is about $2.8 million. The company plans to complete that repurchase program before repurchasing shares under the new program.