Citrix Announces $1 Billion Accelerated Share Repurchase
Citrix News, January 31st, 2020
January 31, 2020,
Volume 262, Issue 5
Citrix (NASDAQ:CTXS) is powering a better way to work with unified workspace, networking, and analytics solutions that help organizations unlock innovation, engage customers, and boost productivity, without sacrificing security
Citrix announced that as part of its capital return program it has entered into accelerated share repurchase ('ASR') transactions with each of Goldman Sachs & Co. LLC and Wells Fargo Bank, National Association (each a 'Dealer') to repurchase an aggregate of $1 billion of its common stock.
David Henshall, President and CEO of Citrix, stated, "At Citrix, we have a long track record of returning capital to shareholders, which reflects our focus on growing the business and driving long-term sustainable value. The ASR demonstrates a commitment to strong capital return for our shareholders and the future of Citrix.
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