The Board of Directors of Harte-Hanks Inc. (NYSE:HHS) authorized a share repurchase program on August 3, 2012. Under the plan, the company will repurchase up to $10 million worth of shares. The company will buy its shares on the open market from time to time at the discretion of management.

The buyback program will be funded from available capital. The reason behind the buyback is to return money to their shareholders. Cutting the amount of stock trading can also increase earnings per share.

The buyback can be stopped at any time.