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VMware Announces Authorization of Stock Repurchase Program - $250 Million Through End of 2014

VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced that its Board of Directors has authorized the purchase of up to $250 million of its Class A common stock through the end of 2014. Stock will be purchased from time to time, in the open market or through private transactions, subject to market conditions. The Company expects the equity purchase program to help partially offset dilution from its equity programs.

The new stock repurchase authorization is in addition to the Company's ongoing $600 million stock repurchase program, originally announced February 29, 2012.

Published Friday, November 30, 2012 9:23 AM by David Marshall
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