Jabil announces $1.5 billion share repurchase authorization
The Board authorized the repurchase of up to $1.5 billion in common stock, with timing and methods at the company's discretion.
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Engineering-led contract manufacturer and supply chain provider
jabil.comLast updated
In short: Jabil exceeded third-quarter earnings expectations, raised its annual outlook, and approved a $1.5 billion share repurchase program.
The Board authorized the repurchase of up to $1.5 billion in common stock, with timing and methods at the company's discretion.
The new facility adds 1.2 million square feet and nearly 11,000 employees, reinforcing the company's commitment to India.
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