The Board of Directors of Jingwei International Limited (NasdaqGM:JNGW) authorized a share repurchase program on June 2, 2011. Under the program, the company will repurchase its shares for a total value of $2 million. The company can repurchase shares from time to time for cash in open market purchases, block transactions, and privately negotiated transactions in accordance with applicable US federal securities laws. The repurchases will be funded with available cash on hand and repurchased shares will be returned to treasury. The company will repurchase the shares under the program in the next 12 months, subject to market and other conditions. Till December 31, 2011, the company has repurchased 18,354 shares for $0.04 million. Global Hunter Securities LLC acted as the broker to Jingwei International Limited. Jingwei International Limited's share repurchase program expired on March 20, 2012.