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ITG Increases Share Repurchase Authorization and Provides Third Quarter 2011 Earnings Guidance

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NEW YORK, Oct. 17, 2011 /PRNewswire via COMTEX/ -- Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, today announced that its Board of Directors has authorized the repurchase of an additional 4.0 million shares, bringing the total number of shares currently available for repurchase to 4.9 million shares. Any future share repurchases will be made on the open market or in privately negotiated transactions. The timing and number of shares repurchased will be dependent on a variety of factors, including share price, corporate and regulatory requirements and market and business conditions. "The additional authorization by the Board ...

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