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Stock Market & Financial Investment News

News Breaks
March 4, 2014
08:32 EDTRVBDRiverbed expands stock repurchase program by $250M
Riverbed Technology announced that its board of directors approved a $250M increase to the company’s share repurchase program first announced August 19, 2011. The total authorized repurchase amount under the program is now $750M. “We believe the current share price understates the strength of Riverbed’s long-term growth prospects,” said Jerry M. Kennelly, Riverbed’s CEO. “This expansion of our stock repurchase program underscores the confidence we have in our business, and demonstrates our continued commitment to maximizing value for our shareholders.”
News For RVBD From The Last 14 Days
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January 29, 2015
16:12 EDTRVBDRiverbed reports Q4 EPS 34c, consensus 32c
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15:37 EDTRVBDNotable companies reporting after market close
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January 20, 2015
16:54 EDTRVBDRiverbed board recommends holders vote for adoption of merger with Thoma Bravo
On December 15, 2014, Riverbed Technology announced that it entered into a definitive agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan.

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