ClearOne approves USD10m stock buyback

ClearOne (NASDAQ: CLRO) has authorized the repurchase of up to USD10 million of the company´s outstanding shares of common stock, the company´s board said.

Under the program, repurchases may be made from time to time in open market or privately negotiated transactions depending on prevailing market conditions and other factors. The repurchase program may be suspended or discontinued at any time.

ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio visual communications. The performance and simplicity of its advanced comprehensive solutions enhance the quality of life.