Dolby Laboratories Announces $350M Increase To Stock Repurchase Program, Bringing Amount Available For Future Repurchases To About $427M
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Why It Matters
Dolby said it will buy back more of its own stock—meaning the company thinks it's a good time to own a piece of itself. When a company does this, it can signal that leaders believe the business is doing well and will keep growing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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