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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): April 22, 1998
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RATIONAL SOFTWARE CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-12167 54-1217099
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
18880 Homestead Road, Cupertino, California 95014
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (408) 863-9900
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(Not Applicable)
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On April 22, 1998, the Board of Directors of Rational Software Corporation
(the "Company") authorized the Company to institute a stock repurchase program
whereby up to six million shares of its common stock may be repurchased in the
open market from time to time. A copy of the press release related to such
program is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits
(c)
99.1 Press Release dated April 23, 1998 released by the Company
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RATIONAL SOFTWARE CORPORATION
(Registrant)
/s/ Timothy A. Brennan
April 24, 1998 ------------------------------------
Timothy A. Brennan,
Chief Financial Officer and Secretary
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contacts: Timothy A. Brennan, Chief Financial Officer
(408) 863-4500
E-mail [email protected]
Brian Moore, Treasurer
(408) 863-4500
E-mail [email protected]
RATIONAL SOFTWARE CORPORATION ANNOUNCES STOCK REPURCHASE PROGRAM
Cupertino, Calif. (April 23, 1998) -- Rational Software Corporation (NASDAQ:
RATL) announced today that it has been authorized by its board of directors to
institute a stock repurchase program whereby up to six million shares of its
common stock may be repurchased in the open market from time to time.
Paul Levy, the company's chairman and chief executive officer, stated that "The
stock acquired under this repurchase program will be used for general corporate
purposes and should help offset dilution from stock issued under the company's
stock option and stock purchase plans."
ABOUT RATIONAL SOFTWARE CORPORATION
Rational Software Corporation is the leading provider of products and services
that help companies develop software effectively. Backed by a set of industry
best-practices, Rational's products and services improve the productivity of
development teams and individuals by automating the critical activities of
requirements management, visual modeling, testing, configuration management, and
change management. Rational's products complement the major development
languages and tools on Windows and UNIX platforms. For more information, visit
Rational's Website at http://www.rational.com.
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The word "Rational" and Rational's products are trademarks of Rational Software
Corporation. References to other companies and their products use trademarks
owned by the respective companies and are for reference purposes only.
For more information contact:
Rational Software Corporation, 18880 Homestead Road, Cupertino, CA 95014
Tel. (408) 863-9900 or (800) 728-1212; Fax (408) 863-4120
Fax-on-demand: 1-800-758-5804 Pin: 113375
E-mail: [email protected]; Web: www.rational.com
