Tektronix Increases Share Repurchase Authorization
June 25, 2007 – 10:46 pmBEAVERTON, Ore., June 25 /PRNewswire-FirstCall/ — Tektronix, Inc. (NYSE:TEK) announced today that its Board of Directors authorized an incremental $350 million to repurchase shares of common stock in the open market and in privately negotiated transactions under the company’s share repurchase program. Since this share repurchase program was initiated in January 2000, including today’s authorization, the board has authorized $1,600 million for share repurchase — approximately $909 million of which has been used as of May 26, 2007.
“The increase in the share authorization reflects…”
