Analog Devices Boosts Buyback by $10 Billion, Increases Dividend
Analog Devices Inc. increased its stock repurchase program by $10 billion and raised its dividend, moving to reward shareholders ahead of the chipmaker’s quarterly report on Wednesday. The buyback plans will bring the total size of the program to $11.5 billion, the company said in a statementBloomberg Terminal Tuesday. Its quarterly dividend, meanwhile, will grow 8% to 99 cents a share....
Read more at bloomberg.com