Reading time ( words)
Today Jabil Circuit, Inc., announced that its Board of Directors has authorized a share repurchase program of up to $400 million worth of shares of the Company's common stock. This share repurchase program expires on August 31, 2017. The shares will be repurchased from time-to-time through various methods, including open market repurchases, at the Company's discretion and subject to market conditions and other factors.
Jabil is a product solutions company providing comprehensive electronics design, production and product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 28 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries.