ROCKVILLE, Md., March 23, 2010 (GLOBE NEWSWIRE) -- Nabi Biopharmaceuticals (Nasdaq:NABI) announced today that its Board of Directors has approved an aggregate total of up to $60.9 million to repurchase the Company’s outstanding common shares in the open market or in privately negotiated transactions. This authorization includes the $10.9 million balance remaining from the $65 million repurchase program announced in 2007 plus an additional $50 million. To date, Nabi has repurchased 13.9 million shares of common stock for a total of $54.1 million under the 2007 program.
