SAN RAFAEL, Calif.,
The stock repurchase authorization does not have an expiration date and the pace and timing of repurchases will depend on factors such as levels of cash generation from operations, the volume of stock option exercises by employees, cash requirements for acquisitions, economic and market conditions, stock price and legal and regulatory requirements.
In the first three quarters of fiscal 2008, Autodesk repurchased approximately 10 million shares of its common stock at an average price of
About Autodesk
Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.
Autodesk is a registered trademark of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders.
(C) Copyright 2007 Autodesk, Inc. All rights reserved.
Contact: Caroline Kawashima, 415-547-2498
Email: caroline.kawashima@autodesk.com
Contact: Sue Pirri, 415-507-6467
Email: sue.pirri@autodesk.com
SOURCE Autodesk, Inc.