XO Group Inc. (XOXO) announced that its board has authorized a new repurchase program of up to $20 million of the Company's common stock from time to time on the open market or in privately negotiated transactions.
The company stated that the repurchase program will be funded using its working capital.
As of December 31, 2012, the company had cash and cash equivalents of approximately $77.4 million. At March 8, 2013, the Company had approximately 26.8 million shares of common stock outstanding.
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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.