3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

0.0%

Dec 18 4:00 PM EST

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To: DMaA who wrote (43149)	5/9/2000 1:07:00 PM
From: Alan Lee	Read Replies (1) of 45548

According to this, they have already bought back 35 million for $919 million, and were authorized to purchase only another 10 million shares. So they are actually increasing the number authorized by another 10 million or so. 3Com fills in details of Palm spinoff Company also ups share-buyback plan to $1 billion By Chris Kraeuter, CBS MarketWatch Last Update: 9:50 AM ET May 9, 2000 NewsWatch ... Since June 1998, 3Com has repurchased 35 million shares, amounting to about $919 million. The company had authorization to purchase up to an additional 10 million shares, or about $433 million worth of 3Com stock based on Monday's closing share price.

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