Entering text into the input field will update the search result below

Aruba announces new $100M buyback plan, old one used up

Oct. 09, 2013 5:23 PM ETAruba Networks, Inc. (ARUN) StockARUNBy: Eric Jhonsa, SA News Editor
  • Aruba (NASDAQ:ARUN) says it has used up "substantially all" of a $100M buyback plan announced only in July, and is thus creating a new authorization of equal size. The new program is good for repurchasing 5% of shares at current levels. (PR)
  • Aruba also announced a $100M buyback program in June '12. That one took a year to be exhausted. The enterprise Wi-Fi hardware/software vendor had $414M in cash/investments on its balance sheet as of July 31 to fund its buyback activities with, and no debt.

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
ARUN--
Aruba Networks, Inc.