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Cherokee Total royalties decline 11.4%

04 Sep '08
3 min read

The Company's Board of Directors has authorized the repurchase of up to 800,000 shares of common stock under an existing stock repurchase plan, which was recently extended to January 31, 2010. During the Second Quarter the Company repurchased and retired 10,155 shares of its common stock at an average price of $21.59 per share.

Continued repurchases of common stock, if any, will be made from time to time in the open market at prevailing market prices or in privately negotiated transactions.

Cherokee Inc

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