Free Submission Public Relations & NewsPR-inside.com
 
DeutschEnglish

Get the latest news
with our RSS feed
rss feed
Add to My Yahoo!
More information
Business

DDi Corp. Increases Share Repurchase Authorization


Print article Print article
Refer this article Refer to a friend
© Business Wire 2008
2008-08-19 23:49:03 -

www.ddiglobal.com - DDi Corp. (NASDAQ: DDIC), a leading provider of time-critical, technologically-advanced printed circuit board engineering and manufacturing services, today announced that its Board of Directors amended the company's share repurchase program to increase the maximum number of shares of its common stock authorized to be repurchased by 1,000,000 shares from 2.0 million shares to 3.0 million shares. To date,

the Company has repurchased approximately 1.4 million shares since the inception of the program in August 2007.

The repurchases under the program have been and will continue to be made in open market or privately negotiated transactions in compliance with SEC Rule 10b-18, subject to market conditions, levels of cash generated from operations, cash requirements for operations and capital expenditures, applicable legal and regulatory requirements and other factors. The stock repurchase authorization does not have an expiration date, and the stock repurchase program may be modified or discontinued at any time.

About DDi

DDi is a leading provider of time-critical, technologically advanced, electronics manufacturing services. Headquartered in Anaheim, California, DDi and its subsidiaries offer PCB engineering, fabrication and manufacturing services to leading electronics OEMs and contract manufacturers worldwide from its facilities across North America and with manufacturing partners in Asia.

DDi Corp.
Mikel Williams, Chief Executive Officer, 714-688-7200
Sally Edwards, Chief Financial Officer, 714-688-7200


Disclaimer: (c) 2009 Business Wire. All of the news releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Terms & Conditions | Privacy | About us | Contact PR-inside.com