Plexus Corp. Approves New $50 Million Share Buyback Plan

Plexus (PLXS) just unveiled an announcement.

Plexus Corp.’s Board of Directors has greenlit a fresh share repurchase initiative, allocating $50 million to buy back common stock once the existing program concludes. While no fixed timetable is set, the company will strategically repurchase shares based on market performance, legal constraints, and financial prudence.

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