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CLRO > SEC Filings for CLRO > Form 8-K on 21-Feb-2013All Recent SEC Filings

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Form 8-K for CLEARONE INC


21-Feb-2013

Other Events


Item 8.01. Other Events.

On May 16, 2012 the Board of Directors of ClearOne Inc. (the "Board") had authorized a stock buy-back program to acquire up to $2,000,000 in the Company's common stock during the next twelve months. On July 30, 2012 the Board authorized to increase the amount available for the stock buy-back program from $2,000,000 to $3,000,000.

On February 20, 2013, the Board authorized to increase the amount available for the stock buy-back program from $3,000,000 to $10,000,000.

All purchases will be executed in accordance with applicable federal securities laws.

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