Acacia Research climbs on $15 mln share buyback plan

Acacia Research

08/12/2021 20:28

** Shares of buyout firm Acacia Research Corp  ACTG.O  up
nearly 8% at $5.13
    ** Stock records biggest intraday pct gain in over two
months
    ** Co says approved a stock repurchase program of up to $15
mln of its common shares
    ** On Refinitiv, stock has a consensus rating of "buy" with
a median PT of $8
    ** Shares are up nearly 31% YTD

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))