Jabil announces new $1 billion share repurchase authorization

St. petersburg, fla.--(business wire)--today, jabil inc. (nyse: jbl), announced that its board of directors has authorized a share repurchase program of up to $1 billion in common stock. the shares will be repurchased from time-to-time through fiscal year 2023 using various methods, including in the open market at the company's discretion and subject to market conditions and other factors. “this is continued evidence of our ongoing commitment to return capital to shareholders,” said ceo mark mo
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