CB Richard Ellis authorizes additional $135M for share buyback |
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Published
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Thu, 29 Nov 2007 00:07 |
SAN FRANCISCO (Thomson Financial) - CB Richard Ellis Group Inc. late Wednesday said it has increased its share buyback program by $135 million, bringing the total authorization to $635 million.Shares of El Segundo, Calif.-based CB Richard Ellis, a commercial real-estate services firm, closed the regular session up $3.17, or 15%, at $24.29.Katherine Huntkh/gmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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