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| ACTU > SEC Filings for ACTU > Form 8-K on 30-Jul-2009 | All Recent SEC Filings |
30-Jul-2009
Other Events, Financial Statements and Exhibits
On July 29, 2009, the Company announced that its Board of Directors approved the repurchase of its common stock during the third calendar quarter of 2009 in an amount not to exceed $10,000,000. The stock repurchases may, at the discretion of the Company's management, be made from time to time on the open market or in privately negotiated transactions.
Under the stock repurchase program, the Company may repurchase shares of its common stock from time to time in compliance with SEC regulations and subject to market conditions. The stock repurchase program does not require the Company to acquire any specific number of shares, and the Company may terminate the program at any time. Subject to the $10,000,000 limitation, the timing and quantity of any stock repurchases will be at the sole discretion of the Company.
On July 29, 2009, Actuate Corporation issued a press release announcing the stock repurchase program. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
(d) Exhibits.
Exhibit No. Description
99.1 Press release dated July 29, 2009.
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