SYKESVILLE, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE” or “the Company”) (NYSE Amex: GVP), a global energy services solutions provider, today anounced that its Board of Directors has authorized a share repurchase program under which GSE may, from time to time and depending on market conditions, share price and other factors, acquire shares of its common stock on the open market or in privately negotiated transactions up to an aggregate purchase price of $3.0 million. The share repurchase program has no expiration date. GSE currently has 19,224,031 shares of common stock outstanding.
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