Standard Pacific Ups Its Stock Repurchase
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Standard Pacific Corp., an Irvine real estate developer, said Thursday that its board increased its stock repurchase program to $35 million.
The company said in a press release that it already has repurchased 2.4 million shares for $19.7 million under the original limit of $25 million. The new program will allow it to repurchase an additional $15.3 million of stock.
