NEW YORK, December 14, 2009 -- Jefferies Group, Inc. (NYSE: JEF) today announced that its Board of Directors has approved a new share repurchase program authorizing the repurchase, from time to time, of up to an aggregate of 15,000,000 shares of the Company's common stock, inclusive of prior authorizations. The Company repurchased approximately 4 million shares during the fourth quarter, leaving approximately 3 million shares remaining under the previous repurchase program.
Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 45 years. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com).
For further information, please contact:
Tom Tarrant, Jefferies & Company, Inc., 212-284-2389, ttarrant@jefferies.com