Texas Instruments shares gain after dividend increase
Texas Instruments Inc. said Thursday it would increase its quarterly dividend by 12% to 38 cents a share from 34 cents a share, payable Nov. 16 to stockholders of record on Oct. 30. The company's board of directors also authorized a $7.5 billion share buyback, which is in addition to about $1.8 billion of previously authorized repurchases that remained at the end of June. Shares of Texas Instruments rose 1.1% in late trading Thursday after ending the regular session down 1.1%.
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