Altera Corp.'s (ALTR) board has approved a 10 million share increase to the number of shares authorized for repurchase under the company's share repurchase program. There are currently 14.7 million shares authorized by the board for repurchase.
The company added that under the program, that was earlier authorized by the board of directors, shares may be purchased in the open market from time to time at the discretion of its management.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.