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EFI Announces Repurchase Plan
FOSTER CITY, CA—Digital imaging and print management solutions provider Electronics for Imaging (EFI) announced a stock repurchase plan that will see it acquire up to $50 million in common shares over the next 12 months. The purpose is to mitigate the dilution from the issuance of shares under the company's employee stock option plans and to offset the approximately 200,000 shares issued in the Printcafe acquisition.
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