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June 17, 2022, 7:08 a.m. EDT

TE Connectivity board approves additional $1.5 billion share buyback program

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By Ciara Linnane

TE Connvectivity Ltd. /zigman2/quotes/205324491/composite TEL +0.72% , a maker of sensors and connectors, said Friday its board has approved an additional $1.5 billion share buyback program. The Swiss-based company is listed on the New York Stock Exchange. Shares were not active premarket but have fallen 30% in the year to date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.78% has fallen 23%.

/zigman2/quotes/205324491/composite
US : U.S.: NYSE
$ 134.10
+0.96 +0.72%
Volume: 21,387
Aug. 8, 2022 9:45a
P/E Ratio
17.56
Dividend Yield
1.67%
Market Cap
$42.58 billion
Rev. per Employee
$176,854
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/zigman2/quotes/210599714/realtime
US : S&P US
4,177.64
+32.45 +0.78%
Volume: 2.22B
Aug. 8, 2022 9:45a
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