June 11, 2021 9:18 AM 20 seconds read

TE Connectivity Board Authorizes Additional $1.5B Share Buyback

by Anusuya Lahiri Benzinga Editor
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  • Connectors and sensors provider TE Connectivity Ltd’s TEL board approved an additional share buyback program by $1.5 billion.
  • At the end of the March quarter, TE Connectivity held $1.75 billion in cash and equivalents. 
  • TE shares gained 61% last year.
  • Price action: TEL shares traded higher by 1.14% at $138.5 in the premarket session on the last check Friday.
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TELTE Connectivity PLC
$144.56-2.36%

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