March 30, 2017 / 11:45 AM / 6 months ago

BRIEF-VMware announces $300 mln stock purchase agreement with Dell

March 30 (Reuters) - VMware

* VMware announces $300 million stock purchase agreement with Dell

* $300 million stock purchase agreement is part of company’s previously disclosed $1.2 billion buyback authorization through end of fiscal 2018

* VMware Inc - separately, Dell Technologies plans to use $300 million proceeds to repurchase Dell tracking stock for VMware, Dvmt

* VMware-Impact of stock purchase agreement on prior provided guidance for fiscal Q1 2018, FY fiscal 2018 diluted share count not expected to be material Source text for Eikon: Further company coverage:

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