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Thursday, 09/16/2010 5:02:09 PM

Thursday, September 16, 2010 5:02:09 PM

Post# of 214
TXN buying back shares and raising divy. They must be doing pretty good...may bode well for INTT.

SAN FRANCISCO (MarketWatch) -- Texas Instruments (TXN 25.85, +0.87, +3.48%) on Thursday said the company's board of directors has authorized the repurchase of an additional $7.5 billion of its common stock. The amount is in addition to the $1.3 billion in buyback authorizations remaining at the end of June, the company said. TI also announced that it plans to raise its quarterly dividend by a penny to 13 cents a share of common stock, or an annual dividend payment of 52 cents a share. Shares of TI jumped more than 3%.
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