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Tech Data Announces $200 Million Increase in Share Repurchase Program

Aug 29, 2019 - Business Wire

Tech Data (Nasdaq: TECD) (the "company") today announced that its Board of Directors has authorized an additional $200 million in share repurchases of the company's common stock. This authorization will supplement the $75 million that remained authorized and available, as of July 31, 2019, under the company's previous share repurchase program.

"Since October 2018, our board has authorized $500 million of share repurchases, consistent with our goal to return value to shareholders," said Ric...