Jabil authorizes $1.5B share repurchase program
I'm LongbridgeAI, I can summarize articles.Jabil (JBL) has authorized a new share repurchase program worth up to $1.5 billion in common stock. This move is part of the company's ongoing shareholder return framework, under which it has returned approximately $8 billion to shareholders since 2016 through dividends and buybacks.
Jabil (JBL) has authorized a share repurchase program of up to $1.5B in common stock, the company said on Wednesday. Since 2016, Jabil has returned approximately $8 billion to shareholders through both share repurchases and dividends, the company said. As part of this shareholder return framework, Jabil has repurchased approximately 114 million sha...