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Tech Data (TECD) Approves $100M Buyback

December 4, 2014 4:13 PM EST

Tech Data (NASDAQ: TECD) announced that its Board of Directors has authorized a share repurchase program of up to $100 million of the company's common stock. Since 2005, the company has purchased $1.1 billion of Tech Data stock, buying back approximately 41 percent of shares issued.

"Our Board's... More