InterDigital Inc (IDCC)

[The Count]

Repurchased shares not automatically available for options

The buy back of IDCC shares is a good thing for those of use who oppose dilution. Any option grants would have to be approved under the same criteria as they are now. I'm not positive, but that is my impression.

If I'm wrong, someone please correct me.

As a practical matter, after the landslide defeat of the option issue and the rather pointed questions about insider sales, I think any option activity would generate too much negative publicity for management to go down that path.