Jabil Circuit (JBL) Approves $400M Buyback

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Jabil Announces $400 Million Share Repurchase Program

June 15, 2016 4:02 PM EDT

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today Jabil Circuit, Inc. (NYSE: JBL), announced that its Board of Directors has authorized a share repurchase program of up to $400 million worth of shares of the Company's common stock. This share repurchase program expires on August 31, 2017. The shares will be repurchased from time-to-time through various methods, including open market repurchases, at the Company's discretion and subject to market conditions and other factors.

FORWARD LOOKING STATEMENTS: This news release includes forward-looking statements, which are statements that are not historical facts, including statements that relate to our share... More