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January 10, 2013
06:08 EDTUTSIUTStarcom announces results of tender offer
UTStarcom has accepted for purchase 25M of its ordinary shares at a price of $1.20 per share, for an aggregate cost of $30M, excluding fees and expenses relating to the tender offer. Based on the final tabulation by Computershare Trust Company, the Depositary for the tender offer, 63.36M of UTStarcom's ordinary shares were properly tendered and not withdrawn. UTStarcom has been informed by the Depositary that, after giving effect to the priority for "odd lots," the final proration factor is approximately 39.4%.
News For UTSI From The Last 14 Days
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November 14, 2014
05:57 EDTUTSIUTStarcom expects to achieve double-digit revenue growth in FY14
05:56 EDTUTSIUTStarcom sees Q4 revenue $25M-$30M, consensus $32.64M
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05:54 EDTUTSIUTStarcom reports Q3 EPS ex-items (10c), one estimate (8c)
Reports Q3 revenue $32.3M, one estimate $30.75M.
05:47 EDTUTSIUTStarcom announces $40M share repurchase program
UTStarcom announced that its board has approved a share repurchase program of up to $40M of its outstanding shares over the next 24 months. The share repurchase program was approved by UTStarcom's board and became effective on November 12.

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