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Does Verigy have a stock repurchase program?

program repurchase stock verigy
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Does Verigy have a stock repurchase program?

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Yes. Verigy received Board approval in December 2007 and shareholder approval in April 2008 to implement a stock repurchase program of $150 million or approximately 6 million outstanding shares. The company began repurchasing shares in the open market in June 2008. The Board may terminate the repurchase program at its discretion.

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