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Stock Market & Financial Investment News

News Breaks
July 23, 2014
16:02 EDTPLCMPolycom announces new $200M share repurchase authorization
Polycom announced that its board approved a new share repurchase authorization of up to $200M in share repurchases. In addition, the company stated that it has completed its previously announced $400M return of capital program. The company expects to fund the share repurchases through cash on hand and future cash flow from operations. The company expects to execute the new share repurchase program over the next two years.
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