Tranche Update on Commvault Systems, Inc.'s Equity Buyback Plan announced on February 5, 2008.
January 24, 2018 at 06:10 pm IST
Share
From October 1, 2017 to December 31, 2017, the company has repurchased 1,498,966 shares, representing 3.28% for $80.04 million. With this, the company has completed the repurchase of 14,877,942 shares, representing 33.16% for $555.08 million under the buyback announced on February 5, 2008.
Commvault Systems, Inc. is a data management company. The Company offers cyber resilience platform that combines the data security and rapid recovery at enterprise scale across any workload. The Company provide these products and services for their data across many types of environments, including on-premises, hybrid and multi-cloud. Its offerings are delivered via self-managed software, software-as-a-service (SaaS), integrated appliances, or managed by partners. The Companyâs Commvault Cloud offerings are organized in three packages, such as Operational Recovery, Autonomous Recovery and Cyber Recovery. Its Operational Recovery provides backup, verifiable recovery, and cost-optimized cloud workload mobility, helping to ensure data availability and granular recovery, even across multiple clouds all managed with Commvaultâs Command Center. In addition, the Company provides customers with a range of offerings, including Cleanroom Recovery, HyperScale X, Air Gap Protect and Compliance.
COMMVAULT SYSTEMS, INC. 
