Digitas Approves Stock Buyback

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NEW YORK The Digitas board of directors has approved a $20 million stock repurchase program under which the company is authorized to buy shares of its common stock in the open market or in private transactions over an 18-month period. The program commences on Dec. 13 and expires on June 30, 2005.

The company’s current stock repurchase program, which started in June 2002, expires on Dec. 12 [IQ Daily Briefing, June 13, 2002].

Digitas stock [DTAS] closed on the Nasdaq today at $8.40,



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