Technology | 2009.09.09
Tier Technologies, Inc. Announces Repurchase of 300,000 Shares of Tier Common Stock
RESTON, Va.--(BUSINESS WIRE)--Tier Technologies, Inc. (NASDAQ:TIER) today announced it signed an agreement on September 3, 2009 to repurchase 300,000 shares of Tier common stock. The purchase is part of Tier’s previously disclosed $20 million stock repurchase program. Commenting on the stock repurchase, Ronald L. Rossetti, Chairman and Chief Executive Officer of Tier, said, “As previously announced, we continue to see long-term investment value in our common stock and will purchase a
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