Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - NortonLifeLock Inc. | f58036e8vk.htm |
| EX-99.01 - EX-99.01 - NortonLifeLock Inc. | f58036exv99w01.htm |
Exhibit 99.02
News Release
FOR IMMEDIATE RELEASE
MEDIA CONTACT:
|
INVESTOR CONTACT: | |
Nicole Kenyon
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Helyn Corcos | |
Symantec Corp.
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Symantec Corp. | |
650-527-5547
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650-527-5523 | |
Nicole_kenyon@symantec.com
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hcorcos@symantec.com |
Symantec Authorizes $1 Billion Share Repurchase Program
MOUNTAIN VIEW, Calif. — Jan. 26, 2010 — Symantec Corp. (Nasdaq: SYMC) today announced that its
Board of Directors has approved a $1 billion share repurchase program.
“This program reaffirms our commitment to increase shareholder value and our confidence in the
long-term strength of the company,” said Enrique Salem, president and chief executive officer,
Symantec. “Our business continues to generate healthy cash flow which allows us to be opportunistic
in repurchasing shares.”
This open-ended program is effective immediately. Repurchases will be made in accordance with
applicable securities laws in the open market or in privately negotiated transactions. Depending on
market conditions and other factors, these repurchases may be commenced or suspended from time to
time without prior notice.
Symantec has approximately $1.06 billion remaining in the current and newly approved program. Since
2008, Symantec has returned $2.1 billion to shareholders through the repurchase of more than 130
million of its shares.
About Symantec
Symantec is a global leader in providing security, storage and systems management solutions to help
consumers and organizations secure and manage their information-driven world. Our software and
services protect against more risks at more points, more completely and efficiently, enabling
confidence wherever information is used or stored. More information is available at
www.symantec.com.
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NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its
products, please visit the Symantec News Room at http://www.symantec.com/news. All prices
noted are in U.S. dollars and are valid only in the United States.
Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or
its affiliates in the U.S. and other countries. Other names may be trademarks of their respective
owners.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements that are based
on Symantec’s current expectations, including statements regarding Symantec’s plans and
expectations with respect to its new share repurchase program, its confidence in the cash flow
generation of its business and its ongoing commitment to increase stockholder value. Factors that
could cause actual results to differ materially from those contained in such forward-looking
statements include, but not limited to: future alternative uses for cash and general economic,
business and marketing conditions. Additional information concerning these and other risk factors
are contained in the Risk Factors sections of our Form 10-K for the year ended April 2, 2010. We
assume no obligation, and do not intend, to update these forward-looking statements as a result of
future events or developments.