Hummingbird, one of the leading suppliers of document management and enterprise content management (ECM) systems to law firms, has announced its intention to buy back 1.5m of its 17.5m common shares over the course of 2006.

The bid began on 13 December, 2005, and will terminate on 12 December, 2006 or earlier, if the proposed target of 9.8% of the corporation’s ‘public float’ is reached. Hummingbird will purchase the shares at the market price at the time of any particular transaction.