Texas Instruments: increase in dividend and share buybacks.
(CercleFinance.com) - On Thursday evening Texas Instruments announced a 24% increase in its quarterly dividend to 62 cents per share, i.
e. 2.48 dollars on an annualised basis, a dividend that will be paid on 13 November to shareholders registered as of 31 October.
The board of directors also authorised additional share repurchases amounting to 6 billion dollars, in addition to the 4.6 billion dollars that were available on 30 June.
With these announcements, the electronics group has increased its dividends over each of the last 14 years. Through its share repurchases, it has reduced outstanding shares by 42% since the end of 2004.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
e. 2.48 dollars on an annualised basis, a dividend that will be paid on 13 November to shareholders registered as of 31 October.
The board of directors also authorised additional share repurchases amounting to 6 billion dollars, in addition to the 4.6 billion dollars that were available on 30 June.
With these announcements, the electronics group has increased its dividends over each of the last 14 years. Through its share repurchases, it has reduced outstanding shares by 42% since the end of 2004.
Copyright (c) 2017 CercleFinance.com. All rights reserved.