Tech Data Announces $100 Million Share Repurchase Program

by Eddie Staley, Benzinga Editor

May 30, 2012 1:20 PM | 17 seconds read | Make a Comment

Tech Data Corporation

TECD

, a leading distributor of IT products, announced today that its Board of Directors has authorized a share repurchase program of up to $100 million of the company's common stock. Since 2005, the company has purchased $1 billion of Tech Data stock, buying back 24.5 million shares to date.

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Tech Data Announces $100 Million Share Repurchase Program