Technology | 2010.02.26
Rambus Announces New Stock Repurchase Program
LOS ALTOS, Calif.--(BUSINESS WIRE)--Rambus Inc. (NASDAQ:RMBS), one of the world’s premier technology licensing companies, announced that its board of directors approved a new share repurchase program authorizing the repurchase of up to 12.5 million shares. "This action illustrates our confidence in the long-term prospects of the company and our ongoing commitment to shareholder value,” said Satish Rishi, chief financial officer at Rambus. Share repurchases under the plan may be made
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