Symantec approved a $1 billion share repurchase program

Symantec Corp. today announced that its Board of Directors has approved a $1 billion share repurchase program. This open-ended program is effective immediately

Shares may be purchased from time to time on the open market or in privately negotiated transactions. Depending on market conditions and other factors, these purchases may be commenced or suspended from time to time without prior notice.

In January 2007, Symantec completed its $1 billion share repurchase program announced in January 2006. Earlier in 2006, Symantec completed the $1.5 billion share repurchase program announced in June 2006. Over the past eight quarters, Symantec has repurchased nearly $6 billion of its shares.