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MAM Software Announces Share Repurchase Program 

The repurchase program became effective on Sept. 19. As of Sept. 18, MAM had approximately 12,595,085 shares of common stock outstanding.

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MAM Software Group, a global provider of on-premise and cloud-based business management solutions for the auto parts, tire and vertical distribution industries, announced that its board of directors has been authorized to repurchase up to $2 million of its common stock.

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Under the authorization provided by the board, stock repurchases may be made through open market and privately negotiated transactions at times and in such amounts as management deems appropriate.

The repurchase program became effective on Sept. 19. As of Sept. 18, MAM had approximately 12,595,085 shares of common stock outstanding.

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