Riverbed Technology Buyback
OLI recorded this information on 3/4/2014
Company:
Riverbed Technology
Buyback:
RVBD buyback
$Amount Authorized:
$250,000,000
Buyback Details:
Riverbed Technology (NASDAQ:RVBD), the leader in application performance infrastructure, announced today that its board of directors approved a $250 million increase to the company's share repurchase program first announced August 19, 2011. The total authorized repurchase amount under the program is now $750 million.
Riverbed Technology is engaged in application performance infrastructure. Co.'s Riverbed Application Performance Platform is a set of integrated solutions that host applications and data in certain locations. The platform is divided into two product lines: Application Acceleration, which consists of Co.'s wide area network optimization products, its Stingray virtual application delivery controllers, and its Whitewater cloud storage delivery products; and Performance Management, which includes its network performance management, application performance management, network engineering, operations and planning, and network simulation and modeling products.
Open the RVBD Page at The Online Investor »
|
||||||||||||
Open the RVBD Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
|
Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
