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First Look to Repurchase Common Stock

27 Oct, 2006 By: Erik Gruenwedel

Believing its 65-cent per share of common stock undervalued, First Look Studios Oct. 26 announced that the board of directors had authorized $2 million for the repurchase of its stock, beginning Nov. 2.

The Los Angeles-based studio in March acquired the assets of Ventura Distribution.

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