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RVBD Buyback image

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.
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Company Name: 
Riverbed Technology Inc
Stock buyback: 
RVBD buyback
Website: 
www.riverbed.com
Sector: 
Computer Peripherals
 

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Hold (2.00 out of 4)
100th percentile
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