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

• Engine Capital urges Epam Systems to launch $750M share buyback
• Celanese to sell 19% Nutrinova stake to Mitsui for $152 million
• GrafTech to permanently close Monterrey graphite electrode plant