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Tier Technologies plans to buy up to $10M in stock

Fri, 12/17/2010 - 10:05am
The Associated Press

Tier Technologies Inc. said Friday it is offering to buy back up to $10 million of its stock for $5.80 per share to $6.20 per share.

The tender offer expires on Jan. 20, 2011.

The company's products help businesses and public agencies manage electronic payments.

Its shares added 10 cents to $5.91 in afternoon trading.

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