SAN FRANCISCO (Thomson Financial) - Hastings Entertainment Inc. said Tuesday
its board authorized an additional stock repurchase program of $7.5 million.
At current market prices, the program would allow Hastings to buy back
roughly 8% of its outstanding common shares.
As of Oct. 31, roughly $100,000 remained available under Hastings'
previously approved stock repurchase programs.
Shares of Hastings, an Amarillo, Texas-based multimedia company, rose 1.1%
to $8.28.
Gabriel Madway
gm/jw
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