Combined to a stock buyback
PALO ALTO, CA -- (Marketwired) -- 08/06/14 -- VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced that its Board of Directors has authorized the purchase of up to $1.0 billion of its Class A common stock through the end of 2016. Stock will be purchased from time to time, in the open market or through private transactions, subject to market conditions. The Company expects the equity purchase program to help partially offset dilution from its equity programs.
The new stock repurchase authorization is in addition to the Company's ongoing $700 million stock repurchase program, originally announced August 7, 2013.
I share the exact same vision... TEG should trade at least 3% higher to match the deal... Do you think they will keep the dividend? What is the next Ex-dividend day? I cant find any
That a good news for shareholder... plenty of share not covered... that can push the price really higher... My question for them (poeple who are short) why on earth they didnt covered recently?
I totally agree with you. All the money they spent for investigation there is a business.... Hope everyone here will make lot of money...
You can email randall he will send you the letter. This is public information and found it positive and this is why I bougth. Its not bad to sell some after 44% so I can buy back more if the stock go down? Iam not a big player like many here Iam just a little fish trying to survive. I still beleive the biodiesel unit isnt clean but its a small fraction of their business and this is why I said it worth more than 0.20$... For those who will be patient this stock can go to 2.00$+ or to 0 if there are a total fraud... Time will tell not me.
In the April 25 letter, counsel reported the Company's plan to become current
with the Company's public filings by October 31, 2014. Counsel informed the SEC that the
Company recognized the need to proceed expeditiously, and, given RBSM's limited resources,
had determined the need to conduct the outstanding audits and snbsequent filings on dual tracks,
employing dual auditors. The Company communicated its intention to have RBSM complete the
2009 audit and to employ another qualified PCAOB registered finn simultaneously to perfonn
the audits ofthe yeaxs ended December 31, 2012 and 2013. The Company emphasized that the
employment of a second auditor did not reflect any issues or disagreements with RBSM but,
rather, reflected only the need for expeditious action and the Company's dedication to becoming
I stopped believed them when I saw the 10K where they said they flushed all gas station for nothing and didnt even start production a the new plant.