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QLogic Approves Repurchase
QLogic announces approval of new stock repurchase program for $200M
November 7, 2007
1 Min Read
ALISO VIEJO, Calif. -- QLogic Corp.(Nasdaq:QLGC), a leader in networking for storage and high performancecomputing (HPC), today announced that its board of directors hasauthorized a new program to repurchase up to $200 million of thecompany's outstanding common stock over the next two years. This actiontaken by the company's board of directors at a regularly scheduledmeeting follows the company's most recent $300 million stock repurchaseprogram adopted in April 2007.
QLogic Corp.
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