InterDigital Inc (IDCC)

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Re: Share buyback program:

Does anyone recall management stating what is the upper price limit for this buyback program? I remember the previous buyback was limited to buying shares priced under $10/share. If I recall, all shares were repurchased under that price, much to the chagrin of long-term shareholders who thought the share buyback would push the price up.

It would seem there is a certain risk of management wanting the price to stay low during the buyback period to assure enough company owned shares for insider options.

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