Sigma Designs raises stock repurchase program
Shares of Sigma Designs, Inc. (Nasdaq: SIGM) are hovering above the flat line on news before the start of trading that the provider of video-oriented product solutions has increased its stock repurchase program. The Milpitas, Calif.-based company now plans on buying 5 million shares, up from the original sum of 2 million.
At 10:58 a.m. ET, the stock had advanced $0.83, or 4%, to $21.25. For detailed price information and recent news stories about Sigma Designs, click SIGM.
