Lionbridge to Buy Back Another $12 Million In Common Stock

Wade Roush2/26/08

Lionbridge (NASDAQ: LIOX), a Waltham, MA, “localization” company that translates English-language software, software manuals, online support materials, websites, and other product documentation into other languages, said today that it plans to buy back $12 million worth of its own common stock in 2008. That’s on top of $12 million in stock already purchased since the company’s board authorized the repurchase program in September 2007.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @