Synaptics (SYNA) Increases Buyback By $80 Million

July 31, 2008 5:19 PM EDT

Synaptics (Nasdaq: SYNA) Board of Directors has authorized the repurchase of up to an additional $80 million of common stock from time to time in the open market or in privately negotiated transactions. The timing and amount of any future purchases will depend upon market conditions and other factors.

Synaptics Incorporated is a developer and supplier of custom-designed user interface solutions that enable people to interact with a variety of mobile computing, communications, entertainment and other electronic devices.

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