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Today, MAXWELL TECHNOLOGIES INC reported that its board of directors authorized the repurchase of up to 600,000 shares its common stock over a two-year period. The company said in a statement it has retained Merrill Lynch to make the stock purchases on its behalf. "At current levels, we believe Maxwell's stock represents an attractive investment opportunity," said Chairman and Chief Executive Kenneth Potashner. "This action
reflects our ongoing commitment to improving the investment value of Maxwell stock while at the same time growing our business."

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