Westwood Holdings Group board authorizes share repurchase


Westwood Holdings Group announced that its board has authorized a share repurchase of up to $10M of its outstanding common stock. This authorization supersedes a share repurchase authorized in August 2011 that was scheduled to expire on August 9. Under the prior repurchase authorization, the company repurchased approximately $3.5M of its outstanding common stock. The new repurchase authorization does not have an expiration date and may be discontinued at any time by the Board of Directors.

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