TE Connectivity board approves additional $1.5 billion share buyback program

TE Connvectivity Ltd. /zigman2/quotes/205324491/composite TEL +2.42% , 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 +2.13% has fallen 23%.

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TE Connectivity Ltd.

US : U.S.: NYSE

$ 134.21

+3.17 +2.42%

Volume: 1.13M

Aug. 10, 2022 4:03p

P/E Ratio

17.52

Dividend Yield

1.67%

Market Cap

$41.91 billion

Rev. per Employee

$176,854

/zigman2/quotes/210599714/realtime

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S&P 500 Index

US : S&P US

4,210.24

+87.77 +2.13%

Volume: 2.22B

Aug. 10, 2022 5:27p