PCTEL Announces Share Repurchase Program

Source: www.businesswire.com

PCTEL, Inc. (Nasdaq: PCTI) announced that the Board of Directors has reauthorized a share repurchase program pursuant to which the Company may repurchase up to $7.0 million of its common stock through the end of 2020.

“This repurchase program demonstrates the Board's confidence in our future and our commitment to delivering value to all of our shareholders,” said David Neumann, PCTEL’s Chief Executive Officer.