http://www.sec.gov/divisions/marketr...

I need help to verify if i am understanding the rule correctly..

According to a quick calculation....

April 15th Share Buyback announced. Thus the previous 4 weeks volume would define the 25% ADTV limit for the share buy back.

20 Trading Days. total shares average shares traded starting March 17 until April 14th = 49,711,500shares.

49,711,500 / 20 days = average daily share count of 2,485,575 shares.

2,2485,575 x 25% daily share limit = 621,393 shares max per day.

This is just a quick look ( not sure if there was any holidays in that 4 week period). Also i probably have the wrong exact start date..but the average amount should be roughly the same.

If i did this wrong or someone comes up with something totally different or more accure...please post. Corrections welcome......