Keysight Technologies, Inc. (NYSE: KEYS), a technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, has announced that its board of directors authorized a new share repurchase program for up to USD 350 million of its common stock, the company said.
The new repurchase program is effective immediately and replaces the previously authorized program from 2016 that was suspended with the acquisition of Ixia and of which USD 139 million remained. Shares may be purchased from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions or other means. The repurchase authorization may be commenced, suspended or discontinued at any time at the company´s discretion.
Keysight Technologies, Inc. (NYSE: KEYS) is a technology company that helps its engineering, enterprise and service provider customers accelerate innovation to connect and secure the world.