The accelerated repurchase program is subject to a future purchase price adjustment at completion of the program when Polaris may receive, or be required to pay, a price adjustment based on an adjusted weighted average price as defined in the agreement with Goldman.
Polaris may elect to settle the price adjustment in shares or in cash. This transaction is expected to have a positive incremental benefit on earnings per share from continuing operations for the full year 2007, net of the additional interest expense on the incremental indebtedness incurred to purchase the shares, of approximately $0.11 per share.
marketing@alchempro.com
