Video game publisher THQ, Inc. will buy back $25 million of its common stock on the open market and in private transactions, the company announced. The board of directors of the Agoura Hills-based company approved the buy back plan based on its strong cash position and the current price, which closed at $33.01 on May 16. There is currently 67 million shares of common stock outstanding. The buy back authorization is in addition to the company’s previous $25 million authorization of which $8.5 million remains.
