NEW YORK (GenomeWeb News) – Luminex's board of directors has authorized the firm to repurchase up to the lesser of $22.5 million worth or 900,000 shares of the company's outstanding common stock. The repurchase program is scheduled to expire Dec. 31, 2013, Luminex noted in a regulatory filing with the US Securities and Exchange Commission. As of Feb. 21, Luminex had nearly 41.7 million common shares outstanding, according to its Form 10-K filed on Friday.

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