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QLogic Board Approves Program
QLogic's board of directors has authorized a new program to repurchase up to $300 million of the Company's outstanding common stock
April 10, 2007
1 Min Read
ALISO VIEJO, Calif. -- QLogic Corp.(Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs),stackable switches and blade server switches, today announced that itsboard of directors has authorized a new program to repurchase up to$300 million of the Company's outstanding common stock. This actiontaken by the Company's board of directors at a regularly scheduledmeeting follows the Company's most recent $200 million stock repurchaseprogram adopted in November 2005, which is substantially complete.
QLogic Corp.
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