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EMC > SEC Filings for EMC > Form 8-K on 30-May-2013All Recent SEC Filings

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Form 8-K for EMC CORP


30-May-2013

Regulation FD Disclosure, Other Events, Financial Statements and Exhibits


Item 7.01. Regulation FD Disclosure.

On May 30, 2013, EMC Corporation ("EMC") issued a press release announcing an expanded capital allocation strategy. The press release is being furnished as Exhibit 99.1 hereto and is incorporated by reference herein.

The information in this Item 7.01 and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.



Item 8.01. Other Events.

EMC's Board of Directors increased its authorization to repurchase EMC common stock from $1 billion in 2013 to $6 billion over the three-year period ending December 31, 2015. Within this authorization, EMC expects to repurchase $3.5 billion of its common stock by the end of the second quarter of 2014; this amount includes the $500 million EMC has spent to date in 2013 on share repurchases.

Additionally, the EMC Board of Directors approved the payment of a quarterly cash dividend to EMC shareholders. A quarterly dividend of $0.10 per share of common stock will be paid on July 23, 2013 to shareholders of record as of the close of business on July 1, 2013.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release from EMC Corporation dated May 30, 2013


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