Trimble (TRMB) Commences $75M Accelerated Share Repurchase

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. WCN
6. SPOT
7. BE
8. FIX
9. NDAQ
10. TSCO

Go back to Trimble (TRMB) Commences $75M Accelerated Share Repurchase

Trimble Announces Accelerated Share Repurchase Program

September 2, 2015 7:00 AM EDT

SUNNYVALE, Calif., Sept. 2, 2015 /PRNewswire/ -- Trimble (NASDAQ: TRMB) today announced the commencement of a $75 million accelerated share repurchase (ASR) with JPMorgan Chase Bank, N.A.

Under the terms of the ASR agreement, Trimble has agreed to repurchase $75 million of its common stock with the majority of the shares to be received shortly following the execution of the ASR transaction. The final number of shares to be repurchased will be based on the volume-weighted average share price of Trimble's common stock during the term of the ASR, minus a... More