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NEW YORK — The Digitas board of directors has approved a $20 million stock repurchaseprogram under which the company is authorized to buy shares of its commonstock in the open market or in private transactions during the next 18 months.
“It’s a financial tool to enhance shareholder value,” said Digitas chief financial officer Jeff Cote. “The way it does that is by showing that we’re confident in where we’re at as a business.”
Digitas stock [DTAS] closed at $3.10
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