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This excerpt taken from the VRSN 10-Q filed Jul 12, 2007. ISSUER PURCHASES OF EQUITY SECURITIES
On May 16, 2006, the Board of Directors of VeriSign authorized a new stock repurchase program to repurchase up to $1 billion of VeriSigns common stock on the open market, or in negotiated or block trades. During the nine months ended September 30, 2006, VeriSign settled its $250 million and $75 million Accelerated Share Repurchase (ASR) agreements. As a result of settling the respective ASR agreements, VeriSign received an additional 482,459 shares and 10,609 shares of its common stock. During the nine months ended September 30, 2006, VeriSign entered into a new $60.0 million ASR agreement to purchase approximately 2.8 million shares of its common stock at a price per share of approximately $21.75. On July 25, 2006, VeriSign settled this ASR and received an additional 7,338 shares of its common stock. This excerpt taken from the VRSN 10-Q filed May 10, 2006. ISSUER PURCHASES OF EQUITY SECURITIES
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Table of ContentsOn August 2, 2005, the Board of Directors of VeriSign authorized a new stock repurchase program to repurchase up to $500 million of the Companys common stock in open market, negotiated or block transactions. During the three months ended March 31, 2006, VeriSign settled its Accelerated Share Repurchase (ASR) agreement executed in the fourth quarter of 2005. As a result of settling the ASR, VeriSign received an additional 482,459 shares of its common stock. During the three months ended March 31, 2006, VeriSign entered into a new $75.0 million ASR agreement to purchase approximately 3.2 million shares of its common stock at a price per share of approximately $23.70.
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Table of ContentsThis excerpt taken from the VRSN 10-Q filed Nov 9, 2005. ISSUER PURCHASES OF EQUITY SECURITIES
On April 26, 2001, VeriSign announced that the Board of Directors authorized the repurchase of up to $350 million of the Companys common stock in open market, negotiated or block transactions. This stock repurchase program was completed in the third quarter of 2005.
On August 2, 2005, the Board of Directors of VeriSign authorized a new stock repurchase program to repurchase up to $500 million of the Companys common stock in open market, negotiated or block transactions.
This excerpt taken from the VRSN 10-Q filed Aug 9, 2005. ISSUER PURCHASES OF EQUITY SECURITIES
On April 26, 2001, VeriSign announced that the Board of Directors authorized the repurchase of up to $350 million of the Companys common stock for cash in open market, negotiated or block transactions.
The 2005 Annual Meeting of Stockholders was held on May 26, 2005 at our corporate offices, located at 487 East Middlefield Road, Mountain View, California. Two proposals were voted on at the meeting. The results of each proposal are as follows.
Proposal No. 1 to elect three (3) Class I directors to serve for a three-year term expiring at the Annual Meeting of Stockholders in 2008 was approved by the stockholders. The nominees received the following votes:
Incumbent Class II directors Roger H. Moore, Edward A. Mueller and William A. Roper, Jr. are currently serving for a term expiring at the Annual Meeting of Stockholders in 2006. Incumbent Class III directors, D. James Bidzos, William L. Chenevich, Gregory L. Reyes and Louis A. Simpson are currently serving for a term expiring at the Annual Meeting of Stockholders in 2007.
In Proposal No. 2, stockholders ratified the appointment of KPMG LLP as independent auditors of VeriSign for the fiscal year ending December 31, 2004. This proposal received the following votes:
Abstentions and broker non-votes were included in the determination of the number of shares represented at the meeting for purposes of determining the presence of a quorum at the Annual Meeting of Stockholders. Abstentions had the same effect as a vote against Proposal No. 2.
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