Adobe 2007 Annual Report Download - page 105
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105
Note 21. Subsequent Event
Structured Stock Repurchase Agreements
Subsequent to November 30, 2007, as part of Stock Repurchase Programs I and II, we entered into additional structured
stock repurchase agreements with large financial institutions whereupon we provided the financial institutions with
prepayments of approximately $1.2 billion. This amount will be classified as treasury stock on our balance sheet. See Note 12
for further information regarding our structured stock repurchase agreements.
Credit Agreement
In January 2008, we drew down $450.0 million under our credit facility. See Note 16 for further information regarding
our credit facility.