Tech Data (TECD) Announces $200M Share Buyback Authorization

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Go back to Tech Data (TECD) Announces $200M Share Buyback Authorization

Tech Data Announces $200 Million Share Repurchase Program

October 2, 2018 9:00 AM EDT

CLEARWATER, Fla., Oct. 2, 2018 /PRNewswire/ -- Tech Data (NASDAQ: TECD) (the "Company") today announced that its Board of Directors has authorized a share repurchase program of up to $200 million of the company's common stock.

"The Board's authorization of a $200 million share repurchase program reflects our continued confidence in Tech Data's growth opportunities and our commitment to enhancing shareholder value," said Rich Hume, chief executive officer. "Our strong... More