Dell is exploring various options for funding its $67 billion deal to buy EMC, one of which is the possibility of buying back at least $3 billion in VMware tracking stock.

VMware, a subsidiary of EMC, has seen its common stock shares decline by more than 25 percent due to EMC and Dell announcing a plan for creating a VMware tracking stock. Dell said in a Monday filing with the Securities and Exchange Commission that it “intends to consider opportunities to repurchase shares,” which could serve as a means to prop up the share price.

Dell said in the filing that it could buy back up to $3 billion in share repurchases and other types of payments, and that the amount could increase over time. Dell is facing debt of $49.5 billion under its current plan to finance the EMC acquisition.

In the filing, Dell said it wants to reduce its debt load in the first 18 to 24 months after the merger with EMC is completed to reach an investment-grade rating.

In another move related to the merger, VMware announced on Monday that it would no longer take part in a joint venture to run Virtustream with EMC. That partnership, which was announced eight days after the Oct. 21 Dell/EMC merger, could have freed up some funds for the Dell/EMC deal by shifting the buildout of Virustream’s data centers and servers to VMware.

Dell is exploring other avenues to raise funds for its EMC deal. According to Re/code, Dell is also mulling another means of raising funds for EMC by selling off IT consulting business Perot Systems for more than $5 billion. According to Re/code’s sources, Dell has reached out to several international IT consultancy companies to gauge their interest in buying Perot Systems. Dell bought Perot Systems in 2009 for $3.9 billion.