Speedway OKs buybacks of 1M more shares

<div id="subtitle">Speedway Motorsports board authorizes buybacks of additional 1 million shares</div><div><p>Speedway Motorsports Inc. said Thursday its board authorized buybacks of up to 1 million shares, in addition to the 3 million it authorized earlier.</p><p>So far the Concord, N.C., company has bought back 2.5 million shares for about $65.3 million. The latest approval means Speedway has about 1.4 million shares still available for buybacks.</p><p>Speedway expects to make more purchases from time to time, depending on the market.</p><p>Speedway shares rose 7 cents to $15.85 in afternoon trading.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=65176383&bid=informcom" /></div><div id="copyright"><div>


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