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 e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
