Cognizant Technology (CTSH) Adds $400M to Buyback Plan

Cognizant Technology Solutions Corporation (Nasdaq: CTSH), has authorized the expansion of its existing share repurchase program by $400 million, bringing the total authorization under the current repurchase program to $1 billion. To date, $423 million of shares have been repurchased under this program. In addition, Cognizant's Board has extended the expiration date for the repurchase program to December 31, 2013.

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