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LPSN > SEC Filings for LPSN > Form 8-K on 12-Mar-2009All Recent SEC Filings

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Form 8-K for LIVEPERSON INC


12-Mar-2009

Other Events


Item 8.01. Other Events.

On March 5, 2009, the Board of Directors of LivePerson, Inc. (the "Company") approved an extension of the Company's existing stock repurchase program through the end of the first quarter of 2010. The program, originally announced in February 2007 and previously extended on March 10, 2008, was due to expire at the end of the first quarter of 2009.

Under the stock repurchase program, the Company is authorized to repurchase shares of its common stock, in the open market or privately negotiated transactions, at times and prices considered appropriate by the Company depending upon prevailing market conditions and other corporate considerations, up to an aggregate purchase price of $8.0 million. As of March 5, 2009, approximately $3.9 million remained available for purchases under the program. The Board of Directors of the Company may discontinue the program at any time.


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