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Article: Oplink Announces Share Repurchase Program.
- Article from:
- Business Wire
- Article date:
- August 27, 2007
CopyrightCOPYRIGHT 2007 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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Authorization to Purchase up to $40 Million in Common Stock
FREMONT, Calif. -- Oplink Communications, Inc. (Nasdaq:OPLK), a leading photonic components, intelligent modules, and subsystems solution provider, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $40 million of its common stock over the next two years. This repurchase program replaces the Company's previous $40 million share repurchase program, first launched in September 2001, under which the Company repurchased a total of $35.2 million of its common stock.
Purchases under the repurchase program may be made in open ...