TE Connectivity (TEL) Announces Additional $1.5B Share Buyback Plan

TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, announced today that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion. Any repurchases by the company will be made in accordance with applicable securities laws in the open market or in private transactions. The repurchase program is subject to business and market conditions, and may be commenced, suspended or discontinued at any time or from time to time without prior notice.

You May Also Be Interested In

• Ferrari completes €250M buyback tranche, launches third
• Engine Capital urges Epam Systems to launch $750M share buyback
• Sparton, Glen Eagle ink joint venture deal for Ontario silver mine