CML Microsystems PLC - Essex, England-based semiconductor developer - Launches share buyback programme of up to £3.0 million. Company has authority to repurchase 2.6 million shares at price of 5 pence each, representing 15% of its share capital. Programme is expected to end no later than 3 months from Wednesday.

Current stock price: 350.00 pence, up 0.9% on Wednesday

12-month change: up 11%

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