NMS Communications Announces Share Repurchase Plan.FRAMINGHAM, Mass. -- NMS See NetWare Management System. Communications (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 : NMSS NMSS National Multiple Sclerosis Society NMSS Nuclear Material Safety and Safeguards NMSS New Model Special Schools NMSS Network Management Support Services ) today announced that the Company's Board of Directors has authorized the repurchase of up to 1,100,000 shares of its common stock by the end of the year. The intent of the repurchase program is to approximately offset the otherwise dilutive effect Dilutive effect Result of a transaction that decreases earnings per common share (EPS). of stock option grants. Repurchases may be made from time to time on the open market or in privately negotiated transactions. Shares may be repurchased in such amounts as market conditions warrant, subject to regulatory and other considerations. As of March 31, 2006, NMS had cash and marketable securities available of approximately $61.7 million. About NMS Communications NMS Communications (NASDAQ: NMSS) is a leading provider of technologies and solutions for converged and mobile networks. Visit www.nmscommunications.com for more information. NMS Communications is a trademark of NMS Communications Corporation. |
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