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Dycom authorizes $15 million stock buyback

By Associated Press
May 20, 2008 | Comments (0)

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Dycom Industries Inc. authorized a program to buy back up to $15 million of its stock, the contractor said Tuesday.

The authorization is in addition to the existing $15 million program, of which $14.1 million has been spent.

Shares added 3 cents to close at $15.89. In aftermarket activity, the stock rose another $1.21, or 7.6 percent, to $17.10. The stock has ranged from $11.12 to $34.13 over the past year.

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