PALO ALTO, CA--(Marketwired - Apr 26, 2013) - TIBCO Software Inc. (
The repurchases under the program will be made in open market or privately negotiated transactions. The manner, timing and amount of any repurchases will be determined by the company based on an evaluation of market conditions, stock price and other factors. The program does not obligate TIBCO to acquire any particular amount of common stock, and it may be modified or suspended at any time at TIBCO's discretion.
TIBCO Software Inc. (
TIBCO, two-second advantage and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
Legal Notice Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws. TIBCO's intentions with regard to the share repurchase program may be affected by a number of factors which include the market price of TIBCO's stock, general business and market conditions, and management's determination of alternative needs and uses of TIBCO's cash resources. Additional information regarding potential risks is provided in TIBCO's filings with the SEC, including its most recent Annual Report on Form 10-K for the year ended November 30, 2012 and Quarterly Report on Form 10-Q for the quarter ended March 3, 2013. TIBCO assumes no obligation to update the forward-looking statements included in this release.