Dreamworks reveals share repurchase program

Board of directors authorises $150 million repurchase program.
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Dreamworks Animation has announced that its board of directors has authorised a share repurchase program of $150 million of the company's outstanding shares of Class A common stock.

Under the new program, the firm may purchase shares in the open market, in block trades or in privately negotiated transactions.

The timing and actual number of shares purchased may depend on a variety of factors, such as price, regulatory requirements, corporate considerations, alternative investment opportunities and other market conditions.

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