CSP Inc. Buyback
OLI recorded this information on 3/11/2020
Share Amount Authorized:
CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, today reported that it has begun to repurchase its Common Stock. CSP currently has approximately 201,000 shares authorized to repurchase under a stock repurchase program approve February 8, 2011. Stock purchases under the program will be made from time-to-time at the discretion of management.
CSP and its subsidiaries develop and market information technology (IT) integration solutions, security products, managed IT services, cloud services, purpose built network adapters, and cluster computer systems. Co. operates in two segments: Technology Solutions, which resells third-party computer hardware and software as a value added reseller; and High Performance Products, which has four primary product lines consisting of a cybersecurity solution marketed as ARIA Software-Defined Security, the Myricom® network adapters, the nVoy Series of appliances, and the multicomputer product portfolio for digital signal processing applications within the defense markets.
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