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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