Sanmina Announces $100 Million Stock Repurchase Program
SAN JOSE, Calif., March 11, 2013
SAN JOSE, Calif., March 11, 2013 /PRNewswire/ --Sanmina Corporation
("Sanmina" or the "Company") (NASDAQ GS: SANM), a leading integrated
manufacturing solutions company, today announced that its Board of Directors
has authorized a stock repurchase program of up to $100 million worth of the
Company's common stock.
The stock repurchase program has no expiration date. The timing of stock
repurchases and the number of shares will depend upon the market conditions
and other factors. Share repurchases, if any, will be made in the open
market, through 10b5-1 programs or in negotiated transactions off the market.
Repurchases under the program may be commenced or suspended at any time
without prior notice.
Sanmina Corporation is a leading integrated manufacturing solutions provider
serving the fastest-growing segments of the global Electronics Manufacturing
Services (EMS) market. Recognized as a technology leader, Sanmina provides
end-to-end manufacturing solutions, delivering superior quality and support to
OEMs primarily in the communications, defense and aerospace, industrial and
semiconductor systems, medical, multimedia, computing and storage, automotive
and clean technology sectors. Sanmina has facilities strategically located in
key regions throughout the world. More information regarding the company is
available at www.sanmina.com.
SOURCE Sanmina Corporation
Contact: Paige Bombino, Director, Investor Relations, Sanmina Corporation,
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