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Texas Instruments Sets $7.5 Billion Buyback Plan, Raises Dividend


Ron Burgundy
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View of the entrance of the research building of Texas Instruments France firm in Villeneuve-Loubet near Nice(Reuters) - Chipmaker Texas Instruments Inc said it plans to buy back shares worth up to $7.5 billion as part of a new repurchase program. The company said Thursday's buyback program was in addition to the $1.8 billion remaining at the end of June from a previous plan. If the company buys back shares at Thursday's close of $48.15, it could repurchase about 15 percent of total shares outstanding under the new program.




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