Qualstar shares soar after announcing stock repurchase program

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Qualstar shares soar after announcing stock repurchase program

By Staff Report / Friday, December 7th, 2018 / Comments Off on Qualstar shares soar after announcing stock repurchase program

Simi Valley data storage company Qualstar announced a $2.4 million stock repurchase program Dec. 6. Shares shot up more than 23 percent following the news to $5.70 as of noon on Dec. 7, but remains down 30 percent year-to-date. The company’s board of directors said the program would expire on Dec. 5, and the number…

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