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Westell's board of directors had previously approved the repurchase of up to an aggregate of USD10m of its common stock, out of which approximately USD8.3m remains available for repurchase under that authorisation.
Under the authorised repurchase programme, any shares must be purchased on or before 3 March 2010, in the open market or through privately negotiated transactions.
Westell Technologies is a provider of broadband customer premises equipment, digital transmission, remote monitoring, power distribution and demarcation products for telecommunications service providers.
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