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Stock Market & Financial Investment News

News Breaks
August 12, 2014
09:06 EDTJNPRJuniper sees reaching $2B in share repurchases by year-end
Juniper says it has completed its $1.2B Accelerated Share Repurchase and that it is accelerating its remaining $800M of share repurchases into 2014. The company reported $325M in shares repurchased since July 23 and said it will reach $2B in repurchases by year-end. The company has already realized about $100M in annualized savings by Q2 under its IOP and said it remains committed to 25% operating margin for FY15. Information from presentation slides. Juniper Networks CFO/COO Robyn Denholm is speaking at the Oppenheimer Technology, Internet & Communications Conference.
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