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Stock impact report

Luna Innovations Incorporated Announces Stock Repurchase Program

Luna Innovations Incorporated (LUNA) 
Last luna innovations incorporated earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.lunainc.com/investor-overview
Company Research Source: Business Wire
ROANOKE, Va.--(BUSINESS WIRE)-- Luna Innovations Incorporated (NASDAQ: LUNA) today announced that its Board of Directors has reinstituted the Company’s stock repurchase program and authorized the repurchase of up to $2.0 million of Luna’s common stock. Luna’s prior stock repurchase program expired on May 31, 2017. “Reflecting our continuing commitment to building shareholder value, this new stock repurchase program provides us with additional flexibility to utilize capital meaningfully and productively,” said My Chung, president and chief executive officer of Luna. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, share price, trading volume and general market conditions, along with Luna’s working capital requirements, general business conditions and other factors. Under its share repurchase program, the company Show less Read more
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