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Ritchie Bros. Auctioneers Incorporated

09:49 AM EST - Ritchie Bros. Auctioneers Incorporated : has authorized a share repurchase program for the repurchase of up to $100 million worth of common shares of the Company (subject to TSX approval) over the next three years. The share repurchases will primarily be used to offset dilution from options. The Company intends to make an application to the TSX for approval of a Normal Course Issuer Bid in February 2015. Ritchie Bros. Auctioneers Incorporated
shares T.RBA are trading up $0.12 at $31.17.