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