InfoVista Cancels 1.4 Million Treasury Shares
InfoVista Cancels 1.4 Million Treasury Shares
Paris, France – June 22, 2011 – InfoVista (Euronext: IFV, ISIN: FR0004031649), global leader of service performance assurance, today announced that pursuant to the authorization granted by its Annual Shareholders meeting held on December 15, 2010, its Board of Directors has approved the cancellation of 1.4 million treasury shares. The number of cancelled shares represents 8% of its issued capital. As at June 17, 2011, the number of issued ordinary shares was reduced to 16,439,591 and the number of shares held in treasury stood at 366,344.
For additional information, the description of the share repurchase program, published on November 29, 2010, is available on the investor relations section of www.infovista.com.
| David Forlizzi Chief Financial Officer +1 703-707-1768 +33 1 64 86 79 52 dforlizzi@infovista.com |
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InfoVista enables managed service providers, mobile operators, broadband operators and enterprise IT organizations to ensure the availability and quality of the services they deliver at the lowest possible cost, empowering these organizations to successfully make the transformation from infrastructure providers to service providers. Our customers rely on InfoVista’s proven solutions for service and infrastructure performance management to successfully launch new and high performance services, foresee potential service issues before they impact end users, reduce customer churn, and invest appropriately. Sample customers include Bell Canada, Bharti, BNP Paribas, Cable & Wireless, Citigroup, Deutsche Telekom, KPN International, Microsoft, SFR, T-Mobile, Telefonica, Telstra and Wells Fargo. InfoVista is traded on the Euronext Paris (FR0004031649) and can be found online at www.infovista.com.