Ascential Software To Resume Stock Repurchases.Business Editors WESTBORO, Mass.--(BUSINESS WIRE)--Sept. 17, 2001 Ascential(TM) Software Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ASCL ASCL Alternate Smart Card Logon ASCL Advanced Sonobuoy Communications/Command Link ASCL Application Standard Component Library ), the leading provider of Information Asset Management (IAM IAM - Interactive Algebraic Manipulation. Interactive symbolic mathematics for PDP-10. ["IAM, A System for Interactive Algebraic Manipulation", C. Christensen et al, Proc Second Symp Symb Alg Manip, ACM Mar 1971]. ) solutions, today announced that it expects to resume purchases of its stock in the open market under the Company's previously authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: $350 million stock repurchase Stock repurchase A firm's repurchase of outstanding shares of its common stock. program, beginning with the opening of trading today. The Company indicated that it is relying upon Emergency Order (Release 34-44791) issued by the Securities and Exchange Commission on September 14, 2001 responding to market developments following the events of September 11, 2001. As previously disclosed, the Company normally observes a quiet period during which no transactions in the Company's stock by the Company or any other corporate insider are permitted. The SEC's Emergency Order is effective with respect to the five business days beginning on the date of the first reopening of trading on the U.S. equities and options markets after September 11, 2001. About Ascential Software Ascential Software Corporation is the leading provider of Information Asset Management solutions to the Global 2000. Customers use Ascential products to turn vast amounts of disparate, unrefined data into reusable re·use tr.v. re·used, re·us·ing, re·us·es To use again, especially after salvaging or special treatment or processing. re·us information assets that drive business success. Ascential's unique framework for Information Asset Management enables customers to easily collect, validate, organize, administer and deliver information assets to realize more value from their enterprise data, reduce costs and increase profitability. Headquartered in Westboro, MA, Ascential has offices worldwide and supports more than 1,800 customers in such industries as telecommunications, insurance, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , healthcare, media/entertainment and retail. More information on Ascential Software can be found on the Web at http://www.ascentialsoftware.com (c) 2001 Ascential Software. All rights reserved. Ascential is a trademark of Ascential Software Corporation and may be registered in other jurisdictions. |
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