TeleTech Announces Approval of Additional $50M Share Buyback

TeleTech Holdings, Inc. TTEC today announced that its Board of Directors has approved an additional authorization of $50 million for share repurchases. During 2010, TeleTech's strong cash flow from operations, positive net cash position and solid balance sheet enabled the repurchase of five million shares of common stock for a total cost of approximately $80 million.