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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Texas Instruments Incorporated | NASDAQ:TXN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.43 | 1.36% | 181.34 | 180.50 | 181.45 | 181.89 | 179.27 | 179.90 | 4,126,113 | 23:39:25 |
From May 2022 to May 2024
By Denny Jacob
Texas Instruments Inc. said Thursday that its board authorized the company to repurchase an additional $15 billion of its common stock over time.
The semiconductor company said the authorization is in addition to the $8.2 billion of previously authorized repurchases that remained at the end of June 2022.
The Dallas, Texas-based company also said it is raising its quarterly dividend 8% to $1.24 a share from $1.15, or $4.96 on an annualized basis. The higher dividend will be payable on Nov. 15 to stockholders of record on Oct. 31 contingent on a formal declaration from the board at its October meeting, the company said.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
September 15, 2022 16:25 ET (20:25 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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