Product category:
Measurement and Quality Software and SPC
News Release from: Ansoft Europe
Edited by the Manufacturingtalk Editorial
Team on 12 October 2004
Ansoft amends stock repurchase program
Ansoft has voted to amend its existing common stock repurchase program to permit the Company to acquire an additional 1,000,000 shares of its common stock.
Ansoft has voted to amend its existing common stock repurchase program to permit the Company to acquire an additional 1,000,000 shares of its common stock Under the original program approved in 1998 and amended in 2002, the Company has purchased approximately 1,800,000 of the 2,000,000 shares authorised for repurchase
This article was originally published on Manufacturingtalk on 8 Aug 2005 at 8.00am (UK)
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Ansoft has announced HFSS v10, a new release of the high-frequency/high-speed electromagnetic design product that introduces new capabilities for design-flow efficiency.
The repurchases may be made, from time to time, in the open market or in privately negotiated transactions and are subject to price and market considerations and applicable securities laws.
The extent and timing of repurchases will be at the discretion of management and will depend upon general business and market conditions, stock prices and the Company's cash position and requirements going forward.
Ansoft a developer of high-performance electronic design automation (EDA) software.
Engineers use Ansoft software to design state-of-the-art electronic products, such as cellular phones, Internet-access devices, broadband networking components and systems, integrated circuits (ICs), printed circuit boards (PCBs), automotive electronic systems and power electronics.
Ansoft markets its products worldwide through its own direct sales force and has comprehensive customer-support and training offices throughout North America, Asia and Europe.
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