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CYS Investments Soars 5% After Announcing A $250 Million Share Buyback Authorization
By Albert Alfonso : On November 15, 2012, CYS Investments, Inc. ( CYS ) announced a major $250 million stock repurchase program. CYS's closing price for that day was $11.78. As shown in my previous article , CYS was trading at a major discount to its net asset value. This is a major development ...
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