From Earlier: VMware Announces Authorization of Stock Repurchase Program of up to $600M

VMware, Inc.

yesterday announced that its Board of Directors has authorized the purchase of up to $600 million of its Class A common stock through the end of 2013. Stock will be purchased from time to time, in the open market or through private transactions, subject to market conditions. The Company expects the equity purchase program to help partially offset dilution from its equity programs. The new stock repurchase authorization is in addition to the Company's ongoing $550 million stock repurchase program, originally announced February 28, 2011.