QLogic Corporation : QLogic Announces Approval of a Stock Repurchase Program for an Additional $200 Million
11/15/2011| 08:05am US/Eastern
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QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance
network infrastructure solutions, today announced that its board of
directors has authorized a program to repurchase up to an additional
$200 million of the company's outstanding common stock over a period of
up to two years from the conclusion of the current stock repurchase
program.
Follow QLogic @ twitter.com/qlogic
About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high
performance networking, including adapters, switches and ASICs. Leading
OEMs and channel partners worldwide rely on QLogic products for their
data, storage and server networking solutions. For more information,
visit www.qlogic.com.
QLogic Corporation
Media:
Tim Lustig, 949-389-6196
tim.lustig@qlogic.com
Investors:
Jean
Hu, 949-389-7579
jean.hu@qlogic.com
© Business Wire 2011
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