TE Connectivity board approves additional $1.5 billion share buyback program

0
6

TE Connvectivity Ltd. TEL, +2.36%, a maker of sensors and connectors, said Friday its board has approved an additional $1.5 billion share buyback program. The Swiss-based company is listed on the New York Stock Exchange. Shares were not active premarket but have fallen 30% in the year to date, while the S&P 500 SPX, +0.22% has fallen 23%.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleAcadia Pharmaceuticals stock halted for FDA panel to review treatment for hallucinations stemming from Alzheimer’s disease psychosis
Next articleCowen names Turning Point Brands as ‘best small-to-midcap’ idea for 2022

LEAVE A REPLY

Please enter your comment!
Please enter your name here