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6月24日,3Com公司公布了1998财年第四季度的财政报告,并宣布其董事会已授权对3Com公司将近1000万股的普通股进行回购。回购将在公开市场上随时进行,回购的数量及时间将基于几方面的因素,其中包括公司股票的价格、公司员工持股计划下股票发行的水平以及市场状况。3Com公司公布其季度收入第二天的早间,3Com的股票价格升高了15％。3Com的股票在中午上升了4.25美元达到31.3750美元。3Com公司高级副总裁兼财务总监Chris Paisley说:“如果按3Com公司最近的股票交易价,相信股东会受益,而且回购股票也是为员工
On June 24, 3Com announced the fourth quarter of fiscal 1998 financial report, and announced that its board of directors has authorized the repurchase of nearly 10 million shares of 3Com’s common stock. The repurchase will take place on the open market at any time. The amount and timing of repurchases will be based on several factors, including the price of the company’s shares, the level of stock issuance under the employee stock ownership plan, and the market conditions. Shares of 3Com rose 15% in the morning after the company reported its quarterly revenue the day after. 3Com’s stock rose $ 4.25 at midday to $ 31.3750. Chris Paisley, 3Com’s senior vice president and chief financial officer, said: "If you trust 3Com’s recent stock trading price, I believe the shareholders will benefit, and the stock repurchase is also for employees