NEW YORK (Thomson Financial) - Perficient Inc. Thursday said its board has
approved a $10 million stock buyback program that will run through 2009.
The company said it believes its stock is "undervalued."
Shares of the Austin, Texas-based information technology consulting company
closed Wednesday at $7.39. The stock is down 63% over the past 52 weeks.
Ryan Vlastelica
rv/vj
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