PCTEL Inc. (PCTI), Monday said it has approved a $5 million stock buyback program. The program will stay in effect for one year.
PCTEL also offers investors a quarterly dividend of $.035 per quarter.
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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.