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Article: Zebra Technologies Board Authorizes Five Million Share Stock Repurchase Program.
- Article from:
- Science Letter
- Article date:
- November 11, 2008
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Zebra Technologies Corporation (NASDAQ:ZBRA) announced that its Board of Directors has authorized the purchase of five million shares of Zebra Technologies Corporation Common Stock, which represents approximately 8 percent of total shares outstanding. These purchases would be made from time to time, in the open market or in private transactions. This authorization follows completion of the purchase of three million shares of Zebra stock under an authorization from the company's Board of Directors in February 2008 (see also Zebra Technologies Corporation).
Zebra currently has approximately 63.3 million shares of common stock outstanding.
"Zebra has ...