STAAR Surgical Authorizes $50M Share Buyback, Shares Jump 7%

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STAAR Surgical authorized a share repurchase program of up to $50M after Thursday's market close, sending shares about 7% higher in Friday trading. The buyback will be funded with organic free cash flow and cash on hand. Despite the gain, STAAR Surgical is down about 12% year to date and off about 24% over the last year.

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STAAR Surgical Company
STAA
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STAAR Surgical authorized a $50M share buyback funded by free cash flow and cash on hand.

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