PMC (PMCS) Enters $160M Accelerated Buyback with Goldman

PMC (Nasdaq: PMCS), has entered into an Accelerated Stock Buyback agreement (“ASB agreement”) with Goldman, Sachs & Co. (“Goldman”) to repurchase an aggregate of $160 million of PMC common stock. The Company will acquire these common shares as part of its $275 million stock repurchase program announced on March 13, 2012.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Reitar Logtech launches $3M share repurchase program
• Cycurion board approves $500,000 share repurchase program
• Kaleon buys back 1,165 shares for €4,593 under buyback programme