Plantronics (PLT) Enters $50M ASR with Goldman

August 22, 2011 6:49 AM EDT
Plantronics, Inc. (NYSE: PLT) today announced that it entered into an Accelerated Share Repurchase agreement with Goldman, Sachs & Co. to repurchase an aggregate of $50 million of Plantronics' common stock under an accelerated share repurchase program. A majority of the shares are scheduled to be delivered by Goldman by August 24, 2011.

The prior $100 million ASR program announced on May 9, 2011 was completed on August 9, 2011.


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