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Crocs Inc Announces 15 Million Share Increase In Share Repurchase Authorization

Wednesday, 30 Oct 2013 04:00pm EDT 

Crocs Inc announced that the Its Board of Directors approved the repurchase of up to an additional 15.0 million shares under the Company's existing stock repurchase authorization. This brings the total shares available for repurchase by the Company under the existing authorization to approximately 17.8 million shares, or approximately 20% of the common outstanding shares at September 30, 2013. The number, price and timing of repurchases will be at the Company's sole discretion and will be evaluated depending on market conditions, liquidity needs or other factors. The Company's board of directors may suspend, modify or terminate the program at any time without prior notice. 

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