TITLE

TI Authorizes $5B Share Buy Back

AUTHOR(S)
Davis, Jessica
PUB. DATE
October 2006
SOURCE
Electronic News;10/2/2006, Vol. 52 Issue 40, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Texas Instruments' (TI) board of directors has authorized the repurchase of outstanding shares of its common stock. When combined with other previously announced buyback plans, the total outstanding share repurchase authorization is now $6.8 billion, TI noted. At the same time, TI has plans to raise its quarterly dividend to four cents per quarter. The first quarterly distribution of the new dividend will be November 20, 2006 to stockholders of record as of October 31, 2006.
ACCESSION #
22690374

 

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