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CASI - CASI Pharmaceuticals jumps 12% on repurchase of stock upto $10M
CASI Pharmaceuticals Inc.
CASI Pharmaceuticals (NASDAQ:CASI) jumps 12% as board approves a stock repurchase program for the repurchase of up to $10M of the Company's common stock (and no more than 12.5M shares of the Company's common stock) through open market purchases. The funding for this program to come from available corporate funds, including cash on hand and future cash flow.