Ciber repurchases another $10 million of its convertibles

By Julie A. Miller

Washington, July 23 - Ciber, Inc. said it purchased $10 million of its convertible debentures during the second quarter. They were purchased "at a modest gain," the company said in its quarterly news release.

Ciber now has bought back $94 million of the original $175 million of debentures.

The Greenwood Village, Colo., provider of system integration consulting services issued $175 million of the debentures on Dec. 2, 2003.

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