| SCO plans buyback as stock tumbles |
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Alarmed by a market slide that sent its stock tumbling to a 10-month low, Utah's SCO Group Inc. prepared Thursday to buy back up to 1.5 million shares.
The Lindon-based software company's board authorized managers to purchase the stock over the next 24 months after its per-share value dropped Wednesday to $9.51 on the Nasdaq exchange.
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