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Article: HP Announces Resumption of Share Repurchases.
- Article from:
- Business Wire
- Article date:
- May 20, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
PALO ALTO, Calif.--(BUSINESS WIRE)--May 20, 2002
HP (NYSE:HPQ) today announced that it has resumed its normal stock repurchase activities. The company has authorization of approximately $1.4 billion for the repurchase of shares as part of the company's share repurchase programs. These programs had been suspended while the company's registration statement of Form S-4 related to its merger with Compaq Computer Corp. was effective.
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