Iteris, Inc. (ITI)

[Enterprising Investor]

ITI Announces New Stock Repurchase Program (8/09/12)

On August 9, 2012, the Board of Directors of Iteris, Inc. (the “Company”) approved a new stock repurchase program, pursuant to which the Company may acquire up to $3 million of its outstanding common stock from time to time. Purchases may be made in the open market (including pursuant to Rule 10b5-1 trading plans), in privately negotiated transactions or in block purchases, depending on market conditions, share price and other factors. The repurchase program may be modified or terminated by the Company at any time without prior notice. The previous stock repurchase program, which was approved in August 2011 and was to expire later this month, has been terminated.

http://sec.gov/Archives/edgar/data/350868/000110465912058168/a12-18416_18k.htm