PC Connection to repurchase $6M shares from two executives
In connection with the Repurchase, the Company entered into a Stock Purchase Agreement, pursuant to which the Company will buy 300,000 shares back from each of Ms. Gallup and Mr. Hall at a price per share of $10.578, which is based on the volume weighted-average share price of the Company’s stock for the fifteen trading days ended December 13, 2012.
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