Replies to post #290136 on InterDigital Inc (IDCC)

[vieraf]

Same old IDCC, never for the better

[jai]

Okay if it is the boards call where is the notification of the cancelation of the buy back? The board had an official vote and an 8K notifing the investment community that they were authorizing a $100 million dollar buyback to be executed.

Did they have a secret vote canceling this?

Repurchase of Common Stock
In 2006, our Board of Directors authorized the repurchase of up to $350.0 million of our outstanding common
stock (the “2006 Repurchase Program”). In October 2007, our Board of Directors authorized a $100.0 million share
repurchase program (the “2007 Repurchase Program”). In March 2009, our Board of Directors authorized another
$100.0 million share repurchase program (the “2009 Repurchase Program”). The Company could repurchase shares
under the programs through open market purchases, pre-arranged trading plans, or privately negotiated purchases.