|
Citrix Authorizes Additional $300 Million Stock Repurchase |
|
Wednesday, 01 November 2006
by Michel Roth
|
|
Citrix today announced that its board of directors has authorized the company to repurchase up to an additional $300 million of Citrix common stock. The company’s Board of Directors has authorized an ongoing stock repurchase program with a total repurchase authority granted to the Company of $1.5 billion, including the recent authorization. As of September 30, 2006, the company had $85 million in remaining authorization from previously approved plans. Citrix said it plans to buy shares on the open market from time to time, depending on market conditions.
Full press release here.
|
