Riverbed Technology, Inc. (NASDAQ:RVBD), announced that its board of directors approved a share repurchase program that authorizes the company to purchase up to $150 million of the company's common stock. "We believe the current share price does not reflect the strength of Riverbed's long-term growth prospects," said Jerry M. Kennelly, Riverbed's president and chief executive officer. "This action underscores our confidence in our business and our continued commitment to maximizing value for our shareholders."


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