iRobot +2.4% AH after announcing $50M buyback

|About: iRobot Corporation (IRBT)|By:, SA News Editor

iRobot's (IRBT) buyback, which becomes available on May 1 and expires a year later, is good for repurchasing 4% of shares at current levels.

The company had $187.4M in cash/investments to finance buybacks with as of Dec. 28.