|
|
 | | | |
- close
- close
- close
- close
| |||||||||
This excerpt taken from the EYE 8-K filed Jun 13, 2006. Accelerated Share Repurchase Arrangement AMO and Goldman Sachs have entered into a Master Confirmation and a Supplemental Confirmation, each dated June 7, 2006 (together, the “ASR”), which evidence an accelerated share repurchase arrangement under which AMO has agreed to purchase shares of its common stock from Goldman Sachs for an aggregate purchase price of $500 million. Pursuant to the ASR, Goldman Sachs will deliver to AMO, in the aggregate, a minimum of approximately 10.1 million shares and a maximum of approximately 11.3 million shares, depending on the volume weighted average price per share during a calculation period beginning June 14, 2006 and ending
3
not later than March 7, 2007. Under the ASR, Goldman Sachs delivered 6.1 million shares on June 13, 2006, and will deliver approximately 4 million shares on June 20, 2006 and any additional shares at the end of the calculation period. Repurchased shares will be retired upon delivery to AMO. |
| |||||||
