The company's shares have been under pressure since the middle of September when they fell from a high of $10.46 to $7.29 in less than a month.
E Nikolas Tavlarios, president of Aegean, commented: “The authorization of this stock repurchase program underscores the confidence we have in our strategy and our ability to continue to drive long-term profitability while returning significant capital to stockholders.”
Aegean
