OLI recorded this information on 3/4/2013
ReachLocal, Inc. (Nasdaq:RLOC), a leader in local online marketing solutions for small- and medium-sized businesses (SMBs), today announced that its Board of Directors has amended its previously announced share repurchase program to increase the total authorized repurchase amount by $21 million, to a total authorization of $47 million.
ReachLocal provides online marketing products and solutions in three categories: software (ReachEdge and Kickserv), web presence (including ReachSite + ReachEdge, ReachSEO, and ReachCast), and digital advertising (including ReachSearch, ReachDisplay, ReachRetargeting and TotalLiveChat). Co. delivers its suite of products and solutions to local businesses through a combination of its proprietary technology platform, its direct inside and outside sales force, and select third-party agencies and resellers.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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