Cyberonics Announces Expansion of Share Repurchase Program

Cyberonics, Inc. CYBX today announced that its board of directors has approved a new share repurchase program. The company's board of directors had previously authorized a repurchase of up to 1.0 million shares, of which a total of 767,000 shares were repurchased. In its action earlier this week, the company's board of directors canceled the existing program and approved a new program for the repurchase of up to 1.0 million shares.