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EFI OKs Share Repurchases
FOSTER CITY, CA—The board of directors of Electronics For Imaging (EFI) has approved a $100 million share repurchase program, including a $30 million accelerated share repurchase (ASR), utilizing a portion of proceeds from the recently announced sale of the company’s real estate here. The authorization replaces the previously approved share repurchase program, including a remaining amount of approximately $33 million available for repurchases.
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