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AVNW - Aviat Networks authorizes $10M in additional repurchase
Aviat Networks Inc.
Aviat Network (NASDAQ:AVNW) board authorized repurchase of an additional $10M of its common stock. The program is in addition to our previous $7.5M stock buyback program for which funds have been exhausted. The repurchase program does not obligate the Company to purchase any number of shares. As of October 31, 2021, Aviat had 11.2M shares of common stock outstanding.