Rand Worldwide, Inc.’s Equity Buyback announced on October 3, 2014 has expired with 25,849,945 shares for $31 million.
November 02, 2014
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The company expired its plan on November 3, 2014.
On November 4, 2014, the company announced that as per the final results, the company has repurchased 25,849,945 shares at a tender price of $1.20 per share, for $31 million.
Rand Worldwide, Inc. is a supplier in the design automation, facilities and data management software marketplace. It also provides value-added services, such as training, technical support and other consulting and professional services to businesses, government agencies and educational institutions worldwide. It has five divisions: IMAGINIT Technologies (IMAGINIT), Rand Simulation, Facilities Management, ASCENT and Rand 3D. The IMAGINIT division provides Autodesk solutions and system integration and consulting services to customers in the manufacturing, infrastructure, building and media and entertainment industries. The Rand Simulation division offers Ansys engineering simulation software to help organizations incorporate. The Facilities Management division offers ARCHIBUS products for facilities management software for space planning, strategic planning and lease/property administration, and provides a full range of training, consulting and support services for the ARCHIBUS products.
RAND WORLDWIDE, INC. 
