03.87.2005 - Symantec Authorizes $3 Billion Expansion Of Common Share Repurchase Program

CUPERTINO, Calif. - March 28, 2005 - Symantec Corp. (Nasdaq: SYMC) today announced that its Board of Directors has approved a $3 billion post-merger expansion of the company's previously authorized share repurchase program to a total of $4.24 billion. Under the Board's previous stock repurchase authorization, Symantec has already repurchased 98 million shares at an aggregated cost of $762 million between January 2001 and Feb. 25, 2005, leaving approximately $3.5 billion available for future repurchases. - View Press Release - Visit Symantec Corp.