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Jabil Circuit Inc.'s Board of Directors has authorized the repurchase of up to $100 million worth of shares of the company's common stock during the period from today through August 31, 2016.
The shares will be repurchased from time-to-time in the open market at the Company's discretion and subject to market conditions and other factors.
Jabil is an electronic product solutions company providing comprehensive electronics design and manufacturing product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 25 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL". Further information is available on Jabil's website.