Mastech Holdings, Inc. Announces Share Repurchase Program
PITTSBURGH, Dec. 23, 2010 /PRNewswire via COMTEX/ --
Mastech Holdings, Inc. (NYSE Amex: MHH), a national provider of Information Technology and Specialized Healthcare staffing services, announced today that its Board of Directors authorized a share repurchase program of up to 750,000 shares of the Company's common stock over the next 24 months.
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Repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable securities laws. The timing of repurchases and the exact number of shares of common stock to be purchased will be determined by the Company's management. The program may be extended, suspended or discontinued at any time.
About Mastech Holdings, Inc.:
Leveragingthe power of20 yearsof ITexperience,Mastech (NYSE Amex: MHH)providesInformation Technology Staffing services in thedisciplines which drivetoday's business operations and Specialized Healthcare Staffing services to hospitals and other healthcare facilities. More information about Mastech can be found at Mastech's website: www.mastech.com.
SOURCE Mastech Holdings, Inc.