VMW>VMware Board Authorizes Purchase Of Up To $400 Mln Of Its Class A Common Stock Through 2011-end -
3/2/2010 3:55 PM ET
(RTTNews) - VMware Inc. (VMW: News ) announced that its Board has authorized the purchase of up to $400 million of its Class A common stock through the end of 2011.
The company expects the equity purchase program to help partially offset dilution from its equity programs and believes it to be an appropriate use of proceeds from the exercise of employee stock options.
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