Illumina Announces New $100 Million Share Repurchase Authorization

Illumina (Nasdaq:
ILMN
) today announced that on August 1, 2011, its Board of Directors authorized the Company to repurchase, on a discretionary basis, up to $100 million of its outstanding common shares in the open market or in privately negotiated transactions, subject to market conditions and other factors. The previous discretionary $100 million share repurchase program authorized in July 2010 was completed this week.
Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.