NEW YORK (Thomson Financial) - Tech Data Corp. said that its Board of
Directors has approved the repurchase of up to an additional $100 million in
stock.
The company has completed $300 million in share buybacks over the past three
years.
The IT product distributor said that it will continue to consider a variety
of strategic alternatives when investing in its operations.
Shares were down slightly at $37.06.
Chuck Mikolajczak
cm
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