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December/1969
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Sun Microsystems Announces $3 Billion Share Repurchase Authorization
16 May 2007 - Sun announced that its Board of Directors authorized the repurchase of up to $3 billion of the company's outstanding common shares. The repurchase plan is designed to increase shareholder value and reduce the dilutive effect of Sun's equity compensation programs.
Date: December 31, 1969
Category: Main
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