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Quotes & Info
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| RLOC > SEC Filings for RLOC > Form 8-K on 13-Dec-2012 | All Recent SEC Filings |
13-Dec-2012
Other Events, Financial Statements and Exhibits
On December 13, 2012, ReachLocal, Inc. announced that its Board of Directors has amended its previously announced share repurchase program to increase the total authorized repurchase amount by $6 million, to a total authorization of $26 million. With this amendment, the remaining amount available for the repurchase of ReachLocal's common stock under the repurchase program is approximately $10 million. Purchases will be made from time-to-time in open market or privately negotiated transactions as determined by ReachLocal's management. The amount and timing of the share repurchases will depend on business and market conditions, stock price, trading restrictions, acquisition activity, and other factors. The repurchase program does not obligate ReachLocal to acquire any particular amount of common stock, and the repurchase program may be suspended or discontinued at any time at ReachLocal's discretion.
A copy of the press release announcing the stock repurchase program is provided as Exhibit 99.1 and is incorporated by reference herein.
(d) Exhibits
Exhibit 99.1 Press Release dated December 13, 2012
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