IRVINE, CA / ACCESSWIRE / December 18, 2019 / PRO-DEX, INC. (NasdaqCM:PDEX) today announced that on December 13, 2019 its Board of Directors authorized a new share repurchase program of up to 1 million shares of Pro-Dex common stock, as the prior share repurchase program is nearly completed. These shares may be repurchased from time to time at the Company's discretion, based on ongoing assessments of working capital requirements, the market price of its common stock and general market conditions. The repurchase program has no stated expiration and the program may be suspended or discontinued at any time.
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