Ciena (CIEN) Announces $1 Billion Share Repurchase Authorization

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Ciena Announces $1 Billion Share Repurchase Authorization

October 2, 2024 9:00 AM EDT

HANOVER, Md.--(BUSINESS WIRE)-- Ciena (NYSE: CIEN) today announced that its Board of Directors has authorized a program to repurchase up to $1 billion of the companys common stock, commencing in fiscal year 2025 and continuing through the end of fiscal year 2027.

Our new share repurchase program reflects the confidence we have in the... More