This excerpt taken from the PVSW 8-K filed Jun 11, 2007.
Item 8.01 Other Events.
As of June 11, 2007, Pervasive Software Inc. (the Company) has acquired 670,467 shares of the Companys common stock on the open market at a total cost of approximately $2.8 million, or approximately $4.23 price per share, during the quarter ending June 30, 2007. The Company has now fully utilized the authorized repurchase funds under its $5.0 million stock repurchase program announced in December 2006. The Companys Board of Directors has approved a new stock repurchase plan effective June 11, 2007, whereby the Company may repurchase additional shares of its common stock with a value of up to $10 million. Under the Companys prior four repurchase programs more than 4.6 million shares of the Companys common stock have been acquired on the open market at a total cost of approximately $17.4 million. Depending on market conditions and other factors, such purchases may be commenced or suspended at any time without prior notice.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 11, 2007