Taser International Inc. (Nasdaq:TASR), the developer of electronic control devices for use in the law enforcement and personal defense, said this morning that it is launching a share buyback program in which it will repurchase up to $12.5 million worth of shares.

Shares edged up 1.5%, or $0.11, to $7.43 ahead of the opening bell. For detailed price information and recent news stories about Taser, click TASR.