Gaming equipments maker and casino operator Bally Technologies, Inc. (BYI) said Wednesday that its shareholders re-elected David Robbins to its Board of Directors for a three-year term at the company's annual shareholders' meeting.
Shareholders also ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for fiscal year 2010 and approved the company's 2010 long-term incentive plan.
Additionally, the company said its board has approved a $100 million stock buyback program effective January 1.
The new program will replace Bally's existing $100 million stock buyback program under which it has repurchased about $66 million of its common stock to date.
Bally Technologies shares are currently trading at $42.24, down 11 cents.
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