- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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