Synchronoss Technologies, Inc. Announces Stock Repurchase Program, Up to $20M Shares (SNCR)

Synchronoss Technologies, Inc. SNCR, the leading provider of activation and enablement of cloud services, today announced that its Board of Directors has authorized a stock repurchase program under which the company may repurchase up to $20 million of its outstanding common stock. Synchronoss plans to make such purchases at prevailing prices over the next twelve months, subject to applicable rules and regulations of the Securities and Exchange Commission.