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TriQuint Announces $75 Mln Stock Buyback Program

TriQuint Semiconductor, Inc. (TQNT) on Wednesday announced a program authorizing the repurchase of up to $75 million of the Company's common stock.

Under the program, stock repurchases may be made from time to time in the open market at prevailing market prices or through privately negotiated transactions at the discretion of company management.

As of May 14, the company has about 163.3 million shares of common stock outstanding.

by RTTNews Staff Writer

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