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Repligen to buy back up to 1.25 million common shares

Wednesday, June 18, 2008; Posted: 07:29 AM
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BOSTON, Jun 18, 2008 (Thomson Financial via COMTEX) -- RGEN | Quote | Chart | News | PowerRating -- Repligen Corp. said Wednesday that its board approved the repurchase of up to 1.25 million shares of its common stock.

The company currently has 31.2 million shares outstanding and the stock repurchases will be funded through available cash.

Shares of the Waltham, Mass.-based therapeutics developer closed Tuesday at $4.75.

Greg Saulnier gs/pc

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