Tech Data (TECD) Appoves $100M Common Stock Buyback Program
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Tech Data Announces $100 Million Share Repurchase Program
June 3, 2015 4:05 PM UTCCLEARWATER, Fla., June 3, 2015 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq: TECD) today 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 $1.2 billion of Tech Data stock, buying back approximately 44 percent of shares issued.
"Our Board's decision to authorize another $100 million repurchase program reflects the company's strong financial performance and our confidence in the long term growth opportunities for Tech... More
