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Cree Announces Increase of Companya s Stock Repurchase Program

2014-10-28 05:26:59| Semiconductors - Topix.net

Pursuant to the program, the Company is now authorized to repurchase shares of its common stock having an aggregate purchase price not exceeding $550 million for all purchases for fiscal 2015 . During fiscal 2015 through today, the Company has repurchased 2.65 million shares of its common stock under the program at an average price of $36.54 per share with an aggregate value of $97 million.

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