Top Stocks Movers on Equities BuyBack (TEL, KFRC, FUL, CMM)

Tyco Electronics Ltd. (NYSE:TEL) rose 0.86% to $29.47 after today announced that its Board of Directors has authorized an increase in the company's share repurchase program of $750 million. 

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Any repurchases by the company will be made in accordance with applicable securities laws in the open market or in private transactions.  The repurchase program is subject to business and market conditions, and may be commenced, suspended or discontinued at any time or from time to time without prior notice.

Kforce Inc. (NASDAQ:KFRC) surged 0.87% to $13.84 after it enters into corporate stock repurchase plan.

Kforce Inc. (Kforce) is a provider of professional and technical specialty staffing services and solutions. The Company provides its clients staffing services and solutions through four operating segments: Technology (Tech), Finance and Accounting (FA), Health and Life Sciences (HLS) and Government Solutions (GS). Kforce organizes and manages its FA and Tech business units along regional market lines in Atlantic, North and Western markets.

H.B. Fuller Company (NYSE:FUL)  rose 0.70% to $20.01 after it announced that its Board of Directors has authorized a share repurchase program of up to $100 million of the Company’s outstanding common shares and declared a regular quarterly cash dividend of $0.07 per share of common stock.

“We intend to use the program primarily to buyback shares that we issue under our stock based incentive compensation plans.”

"We are pleased to announce a share repurchase program that allows us to return excess capital to our shareholders while fully maintaining our financial flexibility to invest in our business," said Jim Giertz, senior vice president and chief financial officer. "We intend to use the program primarily to buyback shares that we issue under our stock based incentive compensation plans."

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China Mass Media Intl Adv Corp. (ADR) (NYSE:CMM) surged 1.25% to $2.44 after it announced that its board of directors has approved a share repurchase program.

Under the terms of the approved program, China Mass Media may repurchase up to US$6.0 million worth of its issued and outstanding American Depositary Shares ("ADSs"). Any repurchase will be made from time to time on the open market at prevailing market prices, in negotiated transactions off the market, in block trades, pursuant to a 10b5-1 plan or otherwise in compliance with applicable laws.

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