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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: kodiak_bull who wrote (8754)8/13/2000 3:04:24 PM
From: Micawber  Read Replies (1) of 9068
 
From 10Q. Anybody know what this means?

On August 8, 2000, the Company entered into an agreement with a counterparty in a private transaction to purchase up to 5.8 million shares of the Company's common stock at various times through the third quarter of 2002. Pursuant to the terms of the agreement, $100 million will be paid to the counterparty in August 2000. The ultimate number of shares repurchased will depend on market conditions.
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