IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Northern Marlin who wrote (14590)	4/26/2001 11:28:28 AM
From: Mort	Read Replies (1) of 14631

Informix sets $100 million stock buyback April 26, 2001 07:46:00 AM ET NEW YORK, April 26 (Reuters) - Database software maker Informix Corp. (IFMX) said on Thursday its board has approved a $100 million stock buyback program. The Westboro, Mass., company said that beginning on Friday it will buy back its stock from time to time in the open market and through privately negotiated transactions. As of March 31, it had 287.1 million shares outstanding. The stock closed on Wednesday at $4.82 on the Nasdaq stock market, the low end of a 52-week range of $2.63 to $12.38. REUTERS © 2001 Reuters

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