The Talbots, Hingham, MA, will extend its stock repurchase program to include an additional $20 million in common stock. The decision to acquire its own stock extends a current repurchase program by two years. During April, the company bought $40 million in shares of the stock. Talbots is a specialty retailer and cataloger of women’s shoes, apparel, and accessories.
Acxiom Corp., Conway, AR, has completed its previously announced acquisition of Arizona-based Computer Graphics. The transaction was a stock-for-stock swap, although precise terms were not announced. The acquisition should add $25 million in annual revenue to Acxiom. Computer Graphics, a privately held company, is a computer service bureau that principally serves financial services direct marketers.
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