Plantronics (PLT) Enters $100M ASR with Goldman

Plantronics, Inc. (NYSE: PLT) reports that it has entered into two separate Accelerated Share Repurchase agreements with Goldman, Sachs & Co. to repurchase an aggregate of $100 million of Plantronics' common stock under an accelerated share repurchase program.

Plantronics is scheduled to pay $100 million to Goldman on or about May 12, 2011 and will receive delivery of shares by Goldman pursuant to the ASR agreements.

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