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MiX Telematics Announces Share Repurchase Program

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MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are advised that the MiX Telematics Board has approved a share repurchase program under which the Company may repurchase up to 40 000 000 of its ordinary shares (1 600 000 ADSs) through to March 15, 2016. The Company may repurchase its shares from time to time in its discretion through open market transactions and block trades, based on ongoing assessments of the capital needs of the Company, the market price of its securities and general mar

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