Analog devices announces $2.5 billion accelerated share repurchase and updates fourth quarter outlook

Wilmington, mass.--(business wire)--analog devices, inc. (nasdaq: adi) today announced that it has entered into multiple accelerated share repurchase (asr) agreements to repurchase up to $2.5 billion of the company's common stock. the asr agreements will be completed under the company's current share repurchase authorization, which has approximately $10 billion in authorization remaining. adi is funding the repurchases under the asr agreements from available cash. under the terms of the asr agr
ADI Ratings Summary
ADI Quant Ranking