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Tuesday, August 16, 2011 10:22:19 AM
Finally, the company repurchased approximately 15,000 shares in the 2nd quarter, but the amount of repurchases was below company repurchase targets, mainly due to volume restrictions and other securities related laws which regulate both the amount and the timing of the company's share repurchases. The company continues to believe that its shares are undervalued and from time-to-time the company will continue to repurchase its shares on the open market
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