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BMC Software's Board of Directors Authorizes New $1 Billion Share Re-purchase Plan |
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HOUSTON, July 30, 2007 – BMC Software (NYSE: BMC) today announced that the Company’s board of directors has authorized the re-purchase of up to $1 billion of the Company’s shares.
This new authorization is in addition to the $171.1 million buy-back remaining under the previous authorization as of June 30, 2007. Any repurchases under the Company’s stock repurchase program may be made from time to time in the open market or through private transactions, subject to market conditions.
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About BMC Software
BMC Software is a leading global provider of enterprise management solutions that empower companies to automate their IT and align it to the needs of the business. Delivering Business Service Management, BMC solutions span enterprise systems, applications, databases and service management. For the four fiscal quarters ended March 31, 2007, BMC revenue was approximately $1.58 billion. For more information, visit www.bmc.com.
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BMC, BMC Software, and the BMC Software logo are the exclusive properties of BMC Software, Inc., are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other BMC trademarks, service marks, and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. © Copyright 2007 BMC Software, Inc.
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