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Technology Stocks : Activision....Returns!
ATVI 94.420.0%Oct 13 5:00 PM EST
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To: Scot who wrote (1761)7/9/2000 11:54:52 AM
From: Scot  Read Replies (1) of 1992
 
Guys,

Was bored and saw this on yahoo. Seems like the Co. has repurchased the $15M of shares.

Here is the quote from the lastest 10-K:

" REPURCHASE PLAN
As of May 9, 2000, the Board of Directors authorized the Company to purchase up to $15.0 million in shares of its common stock as well as its convertible subordinated notes. The shares and notes could be purchased from time to time through the open market or in privately negotiated transactions. The amount of shares and notes purchased and the timing of purchases were based on a number of factors, including the market price of the shares and notes, market conditions, and such other factors as the Company's management deemed appropriate. The Company has financed the purchase of shares with
available cash. As of June 19, 2000, the Company has purchased 2.3 million shares of its common stock for approximately $15.0 million."

-Scot
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