« IDCC Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: New $100 Million Stock Repurchase Authorization!

By: cparkhurst in IDCC | Recommend this post (0)
Fri, 04 May 12 9:12 PM | 453 view(s)
Boardmark this board | InterDigital Communications
Msg. 45084 of 48237
(This msg. is a reply to 45080 by Rakitno)

Jump:
Jump to board:
Jump to msg. #

Any idea why shares outstanding still 44,000,000? With all the buybacks we've done would have thought it would be lower...


- - - - -
View Replies (2) »



» You can also:
- - - - -
The above is a reply to the following message:
New $100 Million Stock Repurchase Authorization!
By: Rakitno
in IDCC
Fri, 04 May 12 8:41 PM
Msg. 45080 of 48237

InterDigital: 2Q Rev About $71M

InterDigital Announces New $100 Million Stock Repurchase Authorization

http://ir.interdigital.com/releasedetail.cfm?ReleaseID=670518

"We remain very confident in our ability to create value," stated William J. Merritt, President and Chief Executive Officer. "In addition to our strong balance sheet, we expect to generate positive free cash flow in 2012 and future periods. Given our financial strength, we have the capacity to make investments in our core research and development and to look for new technology acquisition opportunities that are expected to drive future licensing opportunities, as well as to repurchase our stock, all of which we believe will further enhance shareholder value."


« IDCC Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next