AVG Technologies announces second tranche of share repurchase program


AVG Technologies announced the second tranche of its repurchase program. AVG may repurchase up to 2.5M ordinary shares between November 13 and May 10, 2014. During the first tranche, 1.5M ordinary shares were repurchased between June 19 and November 5. The Supervisory Board has approved an increase of the maximum number of shares to be repurchased from 2.5M to 4M to cover AVG's obligations to deliver shares under its employee stock options incentive and restricted share units plans.


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