NetSpend Holdings Inc. (NTSP) announced that its Board has authorized a $75 million share repurchase program. The company said its share repurchases will be made on the open market, through block trades, through 10b5-1 plans, in privately negotiated transactions or otherwise.
The company expects to execute the repurchase plan over the next 12 months. The company said itintends to hold the repurchased shares in treasury for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.