FORT LAUDERDALE (dpa-AFX) - Citrix Systems, Inc. (CTXS) announced that as part of its capital return program, the company entered into an accelerated share repurchase transaction with Goldman Sachs & Co. LLC to repurchase an aggregate of $750 million of its common stock. The company has agreed to repurchase $750 million of its common stock from Goldman, in total.
On February 5, 2018, Citrix will pay to the Dealer $750 million in exchange for the delivery of 6.5 million shares of Citrix common stock based on current market prices of Citrix common stock.
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