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Del Frisco's announces $10M limited stock repurchase authorization

Del Frisco's board has provided authority for up to $10M to be utilized for the repurchase of the company's common stock over the next two years in order to offset dilution caused by the issuance and exercise of stock options and other equity compensation. Repurchases are intended to protect existing shareholders and will be made exclusively through the use of excess cash flow. They will have no impact on the company's ongoing development and growth plans.