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Stock Market & Financial Investment News

News Breaks
May 15, 2014
06:15 EDTHLITHarmonic increases share repurchase program by $80M to $300M
Harmonic announced that its board has approved an $80M increase to the company's ongoing share repurchase program. The increase brings the total amount authorized for repurchases since the inception of the company's share repurchase program in June 2012 to $300M. Through the quarter ended March 28, the company had repurchased a total of 27.7M shares for $167.3M, including the shares purchased through the company's tender offer in 2013, and had $52.7M available for future purchases at the end of Q3.
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