BRIEF: Orion to buy back shares

Jul 17, 2008 (Milwaukee Journal Sentinel - McClatchy-Tribune Information Services via COMTEX) -- OESX | Quote | Chart | News | PowerRating -- Orion Energy Systems Inc. (OESX) said today its board of directors has approved a share buyback of up to $20 million of its shares.

This morning's announcement came a day after the Plymouth-based company's shares fell by more than 30% as investors reacted to Orion's warning that the company's sales growth had slowed.

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