PhotoMedex, Inc. (PHMD) announced that the Board of Directors has authorized the company to repurchase up to $25 million of its common shares in the open market over the next twelve months. The shares will be purchased with cash on hand.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.