0.48%SPY 123.51 0.42%XLF 20.91 0.33%
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SAN DIEGO - Woman's apparel retailer Charlotte Russe Holding Inc. said Thursday it expects to buy $73.4 million in shares through a stock repurchase offer.
| CHIC | 12.62 |  0.05 |
The company said preliminary results of its "Dutch auction" to repurchase stock shares show it will buy about 4.08 million shares at $18 apiece. That would amount to 16.3 percent of the company's shares outstanding as of Wednesday.
Charlotte Russe shares slipped 96 cents, or 5.3 percent, to $17.05 in morning trading.
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