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stock repurchase

By: bim24 in IDCC | Recommend this post (0)
Fri, 04 May 12 10:03 PM | 299 view(s)
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Msg. 45092 of 48237
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We purchased 25.3 million in the first quarter and 24.7 million in the second quarter, so, a total of 50 million. The average price was a little over $36 a share.


As of April 25, we have completed $75 million of the $100 million share repurchase program previously authorized by our Board of Directors.

so b/w the last earnings call and today, they had $25 million outstanding for stock repurchase from the prior plan... so they used all that up in the last 2 weeks!




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