This script includes openWin function
Jump to content United States-English Home Products and Services Support and Drivers Solutions How to Buy
» Contact HP  
HP Newsroom  >  News releases

News release


Company information

» Newsroom home
» News releases
  » Online press kits
  » Media relations contacts
  » Executive leadership
  » Newsroom archive
  » Videos
  » B-roll
  » Blogs
  » RSS feeds
Company info
  » Fast facts
  » Financial information
  » Global citizenship
  » HP Labs
  » Company history
More info
  » In the news
  » Awards
  » Student inquiries
  » Recalls and replacement programs
  » Trademarks

Content starts here

HP Board Authorizes Additional $8 Billion for Share Repurchases

PALO ALTO, Calif., Sept. 22, 2008

The HP board of directors has approved the authorization of an additional $8 billion for share repurchases.

HP intends to use the additional authorization as part of its ongoing program to manage the dilution created by shares issued under employee stock plans and to repurchase shares opportunistically.

HP repurchased approximately $1.6 billion worth of its shares in the third quarter and, as of July 31, 2008, had approximately $3.0 billion of repurchase authorization remaining under the $8.0 billion repurchase authorization approved by the board in November 2007.

HP has approximately 2.5 billion shares of common stock outstanding.

About HP

HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE: HPQ) is available at

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

Editorial contacts:

Christina Schneider, HP:

HP Investor Relations:

Printable version
Privacy statement Using this site means you accept its terms Feedback to webmaster
© 2012 Hewlett-Packard Development Company, L.P.