IAC board authorizes additional 10 million share repurchase, total capacity ~10.2M shares

IAC Inc.

Board increased share repurchase program by 10 million shares.
Total shares available for repurchase now approximately 10.2 million.
Repurchases will depend on capital needs, share price, trading volumes, and market conditions.
Program conducted under Rule 10b-18; may include open market, negotiated transactions, or 10b5-1 plans.

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