August 21, 2009 (FinancialWire) — RadioShack Corp.’s (NYSE: RSH) board has approved the repurchase of an additional $200 million of RadioShack’s common stock under its existing share repurchase program.

With the addition of the $200 million approval, RadioShack has authority to purchase a total of approximately $290 million of RadioShack’s common stock under the existing share repurchase program.

The increase in the authorization does not have an expiration date and purchases under the authorization are anticipated to be made from time to time.

Fort Worth, Texas-based RadioShack is a consumer electronics specialty retailer that has around 4,450 company-operated stores, almost 1,400 dealer outlets and nearly 600 wireless phone kiosks throughout the U.S.

There are also around 200 company-operated RadioShack stores in Mexico.

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