December 27, 2012 at 14:25 PM EST
Smith & Wesson Rises After Announcing Share Buyback
Gun-maker Smith & Wesson (NASDAQ: SWHC ) announced on Thursday morning that its board of directors has approved an additional $15 million share buyback program. In the wake of the news, the stock has jumped better than three percent during Thursday's trading session and was last trading at $8.22.
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