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Intersil approves $400 million share buyback program


Published : Wed, 31 Oct 2007 23:39
By : Agencies
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SAN FRANCISCO (Thomson Financial) - Intersil Corp. said late Wednesday it has a stock buyback program of up to $400

million over the next twelve months.

The Milpitas, Calif.-based semiconductor maker currently has roughly 131 million shares of common stock outstanding.

Intersil shares closed the regular session unchanged at $30.24.

Gabriel Madway

gm

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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