Wind River Systems (WIND) Approves Additional $50 Million Stock Buyback Plan
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Wind River Systems, Inc. (NASDAQ: WIND) has approved a further $50 million share repurchase program. Under a $50 million share repurchase program announced in April 2008, Wind River has purchased approximately 4.2 million shares for a total of approximately $35 million. This previously announced program has a remaining balance of $15 million, bringing the current total authorized amount for share repurchases to $65 million. Since the beginning of fiscal year 2009, the company has purchased approximately 10.9 million shares for a total cost of approximately $85 million.
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