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Össur starting new share repurchase program

Össur Hf. will launch a share buyback plan Aug. 15 to repurchase up to 5 million shares, or 1.1% of its outstanding shares.

Total consideration for the repurchases cannot exceed $10 million. The plan is set to be completed by July 31, 2018.

The new program replaces the program completed Aug. 11.