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Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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Marvell Technology Group Ltd Increases Share Repurchase Program By Additional $500 Million

Tuesday, 18 Dec 2012 08:30am EST 

Marvell Technology Group Ltd announced that the Board of Directors has authorized Marvell to repurchase up to an additional $500 million under its share repurchase program. With this increase, the cumulative total share repurchase authorized will amount to $3.0 billion. As of the end of Marvell's third fiscal quarter of 2013 ended October 27, 2012, Marvell had made approximately $2.1 billion in share repurchases under the prior authorization. 

Company Quote

-0.07 -0.55%
22 Oct 2014