Magma Design

magma steigt und steigt :o), Magma Design Automation Increases Authorization in Common Stock Repurchase Program to $30 MillionFebruary 1, 2011 4:17 PM ET SAN JOSE, Calif., Feb. 1, 2011 (GLOBE NEWSWIRE) -- Magma® Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced that its board of directors has approved an increase in the company's stock buy-back program, authorizing Magma to purchase up to an aggregate of $30 million of its common stock, an increase in $10 million over the original program announced in February 2008. Any repurchases will be done on the open market at prevailing market prices or in privately negotiated transactions from time to time based upon market and business conditions. The buy-back program may be suspended or discontinued at any time, and will be funded using Magma's available cash.About MagmaMagma's electronic design automation (EDA) software provides the "Fastest Path to Silicon"™ and enables the [mehr]

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Magma Design