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Technology Stocks : Xilinx (XLNX) -- Ignore unavailable to you. Want to Upgrade?


To: SemiBull who wrote (2919)2/11/2003 8:19:12 PM
From: SemiBull  Read Replies (1) | Respond to of 3291
 
Xilinx Repurchased 483,000 Shares For $9.4 Million During 3rd Quarter

Tuesday February 11, 12:57 pm ET

WASHINGTON -(Dow Jones)- Xilinx Inc. (NasdaqNM:XLNX - News) said it repurchased 483,000 shares for $9.4 million during the third quarter that ended Dec. 28, according to the company's quarterly report filed Tuesday with the Securities and Exchange Commission.

In June, the company's board approved the repurchase of $100 million of common stock.

Also during the third quarter, Xilinx reissued 461,000 shares for stock option exercises and stock purchase plan requirements.

During the nine months ended Dec. 28, 1.9 million shares of common stock were repurchased for $51.2 million, and 1.8 million shares were reissued for stock option exercises and stock purchase plan requirements.

As of Dec. 28, Xilinx held 73,000 shares of treasury stock in conjunction with the stock repurchase program.

Xilinx shares recently traded at $19.63, up 3.8%, or 71 cents.

-By Carrie DeLeon, Dow Jones Newswires; 202-628-7663