QLogic Announces Approval of a $125 Million Stock Repurchase Program

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- QLogic Corp. (Nasdaq: QLGC), a leading supplier of high performance network infrastructure solutions, today announced that its board of directors has authorized a program to repurchase up to $125 million of the company’s outstanding common stock over a period of up to two years from the initial purchase under the new program.

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QLogic – the Ultimate in Performance

QLogic (Nasdaq: QLGC) is a global leader and technology innovator in high performance server and storage networking connectivity products. Leading OEMs and channel partners worldwide rely on QLogic for their server and storage networking solutions. For more information, visit www.qlogic.com.

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QLogic Corporation
Media Contact
Jess Page, 949-542-1455
[email protected]
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Investor Contact
Doug Naylor, 949-542-1330
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Source: QLogic Corp.

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