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Forrester raises share repurchase authorization by $50M

The company announced that its board of directors authorized a $50M increase in the company's stock repurchase program, bringing the total available share repurchase authorization to approximately $150M. The company intends to engage an investment banker to assist it in exploring alternative means to accelerate the company's share repurchase program. As of December 31, 2012, Forrester had approximately 22.3M shares outstanding.