BEDFORD, Mass., April 20 /PRNewswire-FirstCall/ -- RSA Security Inc.
(Nasdaq: RSAS) today announced that its board of directors has authorized a
further extension of the Company's common stock repurchase program that was
originally announced in September 2004.
The board of directors has extended the share repurchase program for an
additional two years, until June 30, 2008, but made no change to the number
of shares authorized to be repurchased under the plan. As of March 31,
2006, there were 6.4 million shares available under the plan for
repurchase.
The original plan authorized the repurchase of up to 6.7 million shares
of the Company's common stock during 2004 and 2005. On July 21st, 2005 the
program was extended for the first time, with the board of directors
authorizing the repurchase of an additional 2.0 million shares and
extending the repurchase program until June 30, 2006.
The Company recently reported, as part of its financial results for the
first quarter ended March 31, 2006, that it had repurchased 82,300 shares
of its common stock for $1.2 million during the quarter.
About RSA Security Inc.
RSA Security Inc. is the expert in protecting online identities and
digital assets. The inventor of core security technologies for the
Internet, the Company leads the way in strong authentication and
encryption, bringing trust to millions of user identities and the
transactions that they perform. RSA Security's portfolio of award-winning
identity & access management solutions helps businesses to establish who's
who online -- and what they can do.
With a strong reputation built on a 20-year history of ingenuity,
leadership and proven technologies, we serve more than 20,000 customers
around the globe and interoperate with over 1,000 technology and
integration partners. For more information, please visit
http://www.rsasecurity.com
Press contact: Financial contact:
Matt Buckley Jeremiah Sisitsky
RSA Security Inc. RSA Security Inc.
(781) 515-6212 (781) 515-6065
mbuckley@rsasecurity.com jsisitsky@rsasecurity.com
SOURCE RSA Security Inc.
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Related links:
http://www.rsasecurity.com
CONTACT:
Press contact: Matt Buckley, +1-781-515-6212,
mbuckley@rsasecurity.com, or Financial contact: Jeremiah
Sisitsky, +1-781-515-6065, jsisitsky@rsasecurity.com, both of RSA
Security Inc.
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