TMCnet News
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[November 17, 2003] Interactive Intelligence Planning Stock Repurchase Program Interactive Intelligence Inc., a global developer of software for IP telephony, contact center automation and unified communications, today announced that it is planning a stock repurchase program whereby up to 100,000 shares of its common stock may be purchased periodically on the open market.The decision was made in view of the current price at which the company's stock is trading, according to Interactive Intelligence president and CEO Donald E. Brown. Interactive Intelligence plans to finance the repurchase of its stock with cash. In connection with employee stock option programs, the company has no other specific plans for the shares, which might be acquired pursuant to the repurchase program. |