EduBourseActualitésMichael Dell Updates Shareholders on Company Growth and Strategic Priorities

Michael Dell Updates Shareholders on Company Growth and Strategic Priorities

Board of Directors Authorizes $10 Billion of Share Repurchases

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Round Rock, Texas, December 4, 2007

Dell is executing on strategies to simplify information technology and provide customers easier ways to connect with an expanding portfolio of innovative products and services, Michael Dell today told shareholders at the company’s annual meeting.

The company also announced that its board of directors authorized $10 billion in repurchases of common stock. Dell will resume the share repurchase program this week.

“Dell is committed to a long-term share repurchase program as part of an overall capital allocation plan that supports growth and also returns value to shareholders,” said Mr. Dell, chairman and CEO.

Mr. Dell reiterated the company’s intent to simplify IT for customers, in part by boosting innovation in five key areas.

“We are at the dawn of the connected era and Dell has never been better positioned to meet the needs of the billions of people who will join us online in the coming years,” said Mr. Dell. “By establishing clear priorities for growth in consumer, emerging countries, notebooks, small and medium business and the enterprise, we will deliver the products and solutions customers need to simply connect, communicate and collaborate.”

In formal business at today’s meeting, shareholders voted on the following: Election of 11 company directors: Donald J. Carty, Michael S. Dell, William H. Gray III, Sallie L. Krawcheck, Alan (A.G.) Lafley, Judy C. Lewent, Thomas W. Luce III, Klaus S. Luft, Alex J. Mandl, Michael A. Miles and Sam Nunn;
A shareholder proposal regarding executive stock ownership guidelines;
A shareholder proposal regarding the declaration of a dividend;
The amended and restated 2002 long-term incentive plan; and,
PricewaterhouseCoopers LLP as Dell’s independent auditor for fiscal 2008.

Results of these votes and more information may be found at www.dell.com/investor and at www.dell.com/dellshares, Dell’s investor relations blog, which enables the online community a direct link with the company’s IR team.

“Dell Shares offers investors, potential investors and anyone and everyone the opportunity to join the conversation about Dell’s strategy, performance and results, and enhances our ability to communicate with a broad audience,” said Lynn A. Tyson, vice president of investor relations.

About Dell

Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services they trust and value. Uniquely enabled by its direct business model, Dell is a leading global systems and services company and No. 34 on the Fortune 500. For more information, visit www.dell.com, or to communicate directly with Dell via a variety of online channels, go to www.dell.com/conversations. To get Dell news direct, visit www.dell.com/RSS.

Special Note:
Statements in this press release that relate to future results and events (including statements about future financial and operating performance) are forward-looking statements based on Dell’s current expectations. Actual results and events in future periods could differ materially from those projected in these forward-looking statements because of a number of risks and uncertainties including: general economic, business and industry conditions; our ability to maintain a cost advantage over our competitors; local economic and labor conditions, political instability, unexpected regulatory changes, trade protection measures, tax laws, copyright levies and fluctuations in foreign currency exchange rates; our ability to accurately predict product, customer and geographic sales mix and seasonal sales trends; information technology and manufacturing infrastructure failures; our ability to effectively manage periodic product transitions; any additional issues or matters that may arise from the ongoing SEC investigation; our ability to successfully remediate identified internal control deficiencies; our reliance on third-party suppliers for quality product components, including reliance on several single-source or limited-source suppliers; our ability to access the capital markets; litigation and governmental investigations or proceedings arising out of or related to accounting and financial reporting matters; our acquisition of other companies; our ability to properly manage the distribution of our products and services; effective hedging of our exposure to fluctuations in foreign currency exchange rates and interest rates; obtaining licenses to intellectual property developed by others on commercially reasonable and competitive terms; our ability to attract, retain and motivate key personnel; loss of government contracts; expiration of tax holidays or favorable tax rate structures; changing environmental laws; and the effect of armed hostilities, terrorism, natural disasters and public health issues. For a discussion of those and other factors affecting Dell’s business and prospects, see Dell’s periodic filings with the Securities and Exchange Commission.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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