Move Inc.’s Board OKs Buyback

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Shares in Move Inc. continued to gain Tuesday after the company said Monday that its board approved a buyback of up to $50 million of common stock.


The Westlake Village-based Web-based real-estate listings provider said Monday that its board of directors the buyback program will expire on Sept. 17, 2008, unless it is extended by the board.


Move Inc. shares closed up 3 cents, or 1.1, to $2.86 Monday and continued to gain Tuesday in afternoon trading, gaining 8.8 percent, or 25 cents, to $3.11.

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