Barnes & Noble Starts New $50 Million Stock Buyback Program

By Tomi KilgoreMarketWatch Pulse

Barnes & Noble Inc. said it was implementing a new $50 million stock repurchase program, with no expiration date. The book seller said repurchases will be made through open-market or privately-negotiated deals. The stock, which edged up 0.3% in light premarket trade, has tumbled 29% over the past three months, while the S&P 500 has lost 4.5%.

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