© bellemedia-dreamstime.com Electronics Production | March 12, 2013
Sanmina buys back
San Jose based EMS-provider Sanmina-SCI has started a USD 100 Million stock repurchase program.
The stock repurchase program has no expiration date. The timing of stock repurchases and the number of shares will depend upon the market conditions and other factors. Share repurchases, if any, will be made in the open market, through 10b5-1 programs or in negotiated transactions off the market. Repurchases under the program may be commenced or suspended at any time without prior notice, a press release states.