Charles River Associates (CRAI) Expands Buyback Up to $4.45M Common Shares

Charles River Associates (Nasdaq: CRAI), has authorized an expanded share repurchase program of up to $4.45 million of its common stock, in addition to its currently existing share repurchase program. In August 2011, the Company announced that its Board of Directors authorized a share repurchase program of up to $7.5 million of its common stock. As of February 22, 2012, the Company has repurchased 219,881 shares at a cost of approximately $4.6 million under the existing plan.

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