NASDAQ: SYMC 18.90 +0.00 +0% Volume: 6,859,300 February 10, 2016

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Symantec is a global leader in security and information management solutions

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Symantec is the global leader in security

Symantec is the global leader in security. Operating one of the world’s largest cyber intelligence networks, we see more threats, and protect more customers from the next generation of attacks. We help companies, governments and individuals secure their most important data wherever it lives.

Since its inception in 1982, Symantec has grown into a Fortune 500 company through a combination of internal development, strategic acquisition and partnering with industry leaders. Our award-winning solutions enable our customers to trust that their information and identities are secure independent of device or application.

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Symantec Announces $500 Million Strategic Investment by Silver Lake, Symantec’s Total Capital Return Program Increased to $5.5 Billion February 4, 2016
Board declares $4.00 per share special dividend and authorizes $2.3 billion in share repurchases to be completed by end of March 2017 Targets cost savings of approximately $400 million by the end of fiscal year 2018 Annual dividend adjusted to $0.30 per share to reflect reduced domestic cash flow following Veritas sale and special dividend Board to appoint Silver Lake Managing Partner Ken Hao to Symantec Board Symantec Corp. (NASDAQ: SYMC) (“Symantec”) and Silver Lake , the global leader in technology investing, today announced that Silver Lake will make a $500 million strategic investment in Symantec . In connection with Silver Lake’s investment, the Symantec Board has increased the Company’s total capital return program to $5.5 billion . Through this capital return, Symantec will return to its shareholders funds representing all of the after-tax cash proceeds from the recent sale of Veritas. The Symantec Board expects to complete the full $5.5 billion capital return by the end of...
Symantec Reports Third Quarter Fiscal Year 2016 Results February 4, 2016
Revenue at high end of guided range; operating margin and EPS exceed guidance Enterprise Security revenues grew YOY for third consecutive quarter, in constant currency Announces $500 million strategic investment by Silver Lake , and increases total capital return program to $5.5 billion Symantec Corp. (NASDAQ: SYMC) today reported the results of its third quarter of fiscal year 2016, ended January 1, 2016 . Michael A. Brown, president and CEO, said, “We are entering the second half of our transformation with a stronger foundation, evidenced by new products that are gaining mindshare among customers, better top-line performance, and a clear path to long-term profitability. I’m pleased with the progress we’ve made against our priorities, including strengthening our security portfolio, enhancing our go-to-market capabilities, improving our cost structure and efficiently allocating capital.” Thomas Seifert , executive vice president and CFO, said, “Our enterprise security revenue...
Symantec Completes Sale of Veritas, Now Singularly Focused on Cybersecurity January 29, 2016
Board Authorizes $2 Billion Increase to Capital Return Program; Expects to Return More Than $4 Billion to Shareholders by End of March 2017 Symantec Corp. (NASDAQ:SYMC) today announced that it has completed the sale of Veritas to a group of investors led by The Carlyle Group. In connection with the closing of the transaction, Symantec received approximately $5.3 billion in after-tax cash proceeds. Symantec is on track to return more than $4 billion in capital to its shareholders by the end of March 2017 . This capital return includes: A $500 million accelerated share repurchase completed in January 2016; $1.8 billion remaining at the end of the Company’s third quarter from its previously announced share repurchase program; and The additional $2 billion of capital return that the Board announced today. Michael A. Brown, Symantec president and CEO, said, “Symantec now has a clear path forward as the global leader in cybersecurity. With the Veritas transaction completed, Symantec has the...

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