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Article: Jabil Completes $200 Million Stock Repurchase Program.
- Article from:
- Business Wire
- Article date:
- July 27, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. PETERSBURG, Fla. -- Jabil Circuit, Inc. (NYSE:JBL), a global electronic product solutions company, has completed its $200 million share repurchase program which was authorized by its Board of Directors and announced on June 28, 2006. A total of 8,418,700 shares were repurchased at an average price of $23.76 per share. "With our continued commitment to working capital discipline, we have been able to fund strong revenue and earnings growth while providing a return of capital to shareholders through our dividend and completing this share repurchase," said Forbes Alexander, Jabil's Chief Financial Officer.
About Jabil
Jabil is an electronic product ...