Press Releases

Entrust Announces Extension of its Stock Repurchase Program

02 Aug 2004

DALLAS – Entrust, Inc. [NASDAQ: ENTU], a world-leading provider of identity and access management solutions, today announced that its board of directors has extended Entrust’s stock repurchase program and authorized the periodic repurchase of up to 10 million shares of Entrust common stock on the open market or in privately negotiated transactions. 

The timing and amount of any shares repurchased will be determined by Entrust’s management team based on its evaluation of market conditions and other factors. The repurchase program was extended through September 15, 2005 but may be suspended or discontinued at any time.

The repurchase program will be funded using the company's working capital. As of June 30, 2004, Entrust had cash and marketable investments of approximately $103.2 million.

Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. Entrust is a registered trademark of Entrust Limited in Canada. All other Entrust product names and service names are trademarks or registered trademarks of Entrust, Inc or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.