Maxygen announces new $10 million stock repurchase plan
By APFriday, May 28, 2010
Maxygen announces new $10M stock buyback plan
REDWOOD CITY, Calif. — Biotechnology company Maxygen Inc. said Thursday it will may back up to $10 million shares of its common stock under a new repurchase program.
The company said the buyback program runs through Dec. 31.
Since December 2009, Maxygen said it has spent about $46.9 million buying back shares.
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