Cognizant says to buy back additional $100 million of shares

jueves 6 de diciembre de 2007 22:12 CET
 

Dec 6 (Reuters) - Cognizant Technology Solutions Corp (CTSH.O: Cotización) said its board has authorized the repurchase of an additional $100 million of its common stock.

In a statement, the software development services provider said the board's authorization expands its share repurchase program, originally announced in September, to $200 million . (Reporting by Swagata Gupta in Bangalore; Editing by Deepak Kanann) ((swagata.gupta@reuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: swagata.gupta.reuters.com@reuters.net))