VMware 2013 Annual Report Download - page 41

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Table of Contents
$700 million of VMware’s Class A common stock through the end of 2015 . VMware’s Class A common stock has been, and may in the future be,
purchased pursuant to our stock repurchase authorizations, from time to time, in the open market or through private transactions, subject to market
conditions. We are not obligated to purchase any shares under our stock repurchase program. Subject to applicable laws, repurchases under our stock
repurchase program may be made at such times and in such amounts as we deem appropriate. The timing of any repurchases and the actual number of
shares repurchased will depend on a variety of factors, including VMware’s stock price, cash requirements for operations and business combinations,
corporate and regulatory requirements and other market and economic conditions. Purchases under our stock repurchase program can be discontinued at
any time that we feel additional purchases are not warranted.
39
(3)
Represents the amounts remaining in the VMware stock repurchase authorizations.