SciClone Board increases reserve for share repurchase program by $10M

theflyonthewall.com

The Board of Directors approved an increase in its reserve for the share repurchase program of $10M. Sciclone has been repurchasing its stock over the last several quarters as the Board believes such purchases are in the interest of all of our stockholders. The balance available for repurchases as of today is $16.2M.

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