Valassis Board of Directors Approves Increase in Stock Repurchase Program Authorization to 8.3M Shares

Valassis VCI announced today that our Board of Directors approved an increase to our stock repurchase program authorization by 6 million shares of our common stock. This new authorization, coupled with the remainder of the prior authorization, brings the total shares that can be repurchased from time to time in open market or privately negotiated transactions under the stock repurchase program to approximately 8.3 million shares as of today.