Garmin Extends Its Share Buyback Program

GPS device maker Garmin (NASDAQ: GRMN) just authorized an extension of its share repurchase program through Dec. 31, 2017. About $80.4 million in potential buybacks remains under its current $300 million program. Garmin also adopted a Rule 10b5-1 plan, which lets it repurchase shares during otherwise unavailable times via a broker, which buys shares on the company’s behalf. …read more

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Category: GRMN

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