Sanmina Corporation Buyback
OLI recorded this information on 9/18/2017
Company:
Sanmina Corporation
Buyback:
SANM buyback
$Amount Authorized:
$200,000,000
Buyback Details:
Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced that its Board of Directors has authorized a stock repurchase program of up to $200 million worth of the Company's common stock.
Sanmina is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. Co. provides products and solutions with a focus on wireless, wireline and optical communications and network infrastructure equipment, such as switches, routers and base stations, computing and storage systems, defense and commercial avionics and communications, medical imaging, diagnostic and patient monitoring systems, semiconductor tools for metrology, lithography, dry and wet processing, industrial products, including large format printers and automated teller machines, and energy and clean technology products such as solar and wind energy components.
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Buy (3.00 out of 4) 25th percentile
(ranked lower than approx. 75% of all stocks covered)
Analysts' Target Price: SANM Stock Forecast Based on Zacks ABR data; powered by Xignite |