Benzinga | Jun 2, 2021 04:02PM EDT

FireEye Announces Authorization Of Share Buybacks Of Up To $500M

Share Repurchase Program Authorized

The company also announced that its Board of Directors has approved a share repurchase program for up to $500 million of outstanding FireEye common stock.

Repurchases may be made at management's discretion from time to time on the open market, through privately negotiated transactions and through Rule 10b5-1 plans. The repurchase program has no termination date and may be suspended for periods, amended or discontinued at any time. Any shares acquired will be available for general corporate purposes.