Ciena (CIEN) Announces $250M Accelerated Share Buyback
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Ciena Announces $250 Million Accelerated Share Repurchase Agreement
December 14, 2021 9:00 AM ESTHANOVER, Md.--(BUSINESS WIRE)-- Ciena Corporation (NYSE: CIEN) (the Company) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Goldman Sachs & Co. LLC (Goldman) to repurchase $250.0 million of the Companys common stock as part of the Companys previously announced $1.0 billion share repurchase program. The Company expects to fund the ASR from cash... More
