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PCTEL Board of Directors Authorizes Additional Stock Buyback of 1.3 Million Shares

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BLOOMINGDALE, Ill.--(BUSINESS WIRE)--PCTEL, Inc. (NASDAQ:PCTI), a leader in Performance Critical Telecom solutions, announced today that the PCTEL Board of Directors authorized the re-purchase of an additional 1,300,000 shares of its common stock. In 2014 the company announced a buyback of up to five (5) percent of the company's outstanding shares, which is nearing completion. This past April, the Board authorized an additional 500,000 share stock buyback. The new authorization to buy back 1.3

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