Gevo, Inc. (GEVO) Announces up to $15M Stock Repurchase Program

** Gevo, Inc. (Nasdaq:GEVO) reported that its Board of Directors has approved a stock repurchase program that authorizes GEVO to repurchase up to $15,000,000 of its common stock over a one-year period. GEVO expects to fund its stock repurchase program with existing cash and

Online PR News – 02-January-2013 – Las Vegas, NV – GEVO, Gevo, Inc.

GEVO reported that its Board of Directors has approved a stock repurchase program that authorizes GEVO to repurchase up to $15,000,000 of its common stock over a one-year period. GEVO expects to fund its stock repurchase program with existing cash and cash equivalents on hand. Any shares repurchased will be classified as treasury stock or retired. The stock repurchase program is effective immediately. Repurchases of GEVO's common stock may be made from time to time through a variety of methods, including open market purchases, privately negotiated transactions, and block transactions. GEVO has no obligation to repurchase shares under the stock repurchase program. GEVO is a leading renewable chemicals and next-generation biofuels company. GEVO's patent-protected, capital-light business model converts existing ethanol plants into biorefineries to make isobutanol. This versatile chemical can be directly integrated into existing chemical and fuel products to deliver environmental and economic benefits. More about GEVO at www.gevo.com.

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