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Symantec OK's $2 Billion Share Repurchase Programm


News Release

Symantec Authorises $2 Billion Share Repurchase Programme

Symantec Corp. (Nasdaq: SYMC) today announced that its Board of Directors has approved a $2 billion share repurchase programme. This open-ended programme is effective immediately.

Repurchases will be made in accordance with applicable securities laws in the open market or in private negotiated transactions. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.

Symantec has completed the $1 billion share repurchase programme announced in January 2007 – repurchasing 54 million shares at an average price $18.51. In the past two years, Symantec has repurchased nearly $7 billion of its shares.

ENDS

About Symantec
Symantec is a global leader in infrastructure software, enabling businesses and consumers to have confidence in a connected world. The company helps customers protect their infrastructure, information and interactions by delivering software and services that address risks to security, availability, compliance and performance. Headquartered in Cupertino, California, Symantec has operations in 40 countries. More information is available at www.symantec.com.

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