The Board of Directors of Citadel EFT, Inc. (OTCPK: CDFT) authorized a share repurchase program on October 5, 2011. Under the program, the company will repurchase up to approximately $0.4 million worth of its shares every fiscal year. The program is launched as the Board believes that the shares of the company are undervalued.

Citadel EFT, Inc.'s share repurchase program expired on September 30, 2012.