Edgewater Technology, which owns the Fullscope reselling business, has extended its stock repurchase program to Sept. 20, 2013. Originally announced in 2008 by the Wakefield, Mass.-based company, the buyback provided for the repurchase of up to $13.5 million in company shares. That will be increased by $2.6 million to $16.1 million under the latest authorization. So far, Edgewater has repurchased about $11.1 million of its shares, leaving about $5 million under the program. Edgewater has three major business lines. Its product-based consulting area includes the activities of Fullscope as a reseller of Microsoft Dynamics AX, along with Oracle EPM activities. It also provides business advisory services and technology advisory services.
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EDGEWATER EXTENDS STOCK BUYBACK
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