This excerpt taken from the COMS 10-Q filed Apr 5, 2005.
Note 17. Subsequent Event
At its meeting on March 23, 2005, our Board of Directors approved a new stock repurchase program providing for expenditures of up to $100.0 million through March 31, 2007. Under the new stock repurchase program, we may repurchase shares of our common stock having an aggregate purchase price of up to $100.0 million in the open market, in privately negotiated transactions with shareholders or using derivate transactions; provided, however, that all repurchases must be pre-approved by the Audit and Finance Committee of the Board of Directors. This new stock repurchase program superseded the stock repurchase program that was approved in March 2003 and expired in March 2005. There is no requirement that we repurchase shares under the program and the program may be discontinued at any time.