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Texas Instruments increases dividend, expands share buyback
February 21, 2013 / 9:40 PM / in 5 years

Texas Instruments increases dividend, expands share buyback

Feb 21 (Reuters) - Chipmaker Texas Instruments Inc raised its quarterly dividend by 33 percent and said it will buy back an additional $5 billion in stock.

The company increased its quarterly dividend to 28 cents per share from 21 cents per share.

The additional buyback brings the total outstanding repurchase authorization to $8.4 billion.

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