Novell Announces Share Repurchase Program

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<strong>Waltham, Mass. &mdash; May 13</strong><br />Novell announced that its Board of Directors has authorized the repurchase of up to $100 million of the company&#39;s outstanding shares of common stock. Repurchases may be made in the open market, through Rule 10b5-1 arrangements, or in privately negotiated transactions, including through block trades and the use of derivative securities, or otherwise. The manner, timing and amount of any repurchases will be determined by the Company&#39;s management. There is no fixed termination date for the repurchase program. <br />

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