Sanmina announces additional $300M share repurchase plan

Sanmina’s (SANM) Board of Directors has authorized the repurchase of up to an additional $300M of Sanmina’s common stock. The stock repurchase program has no expiration date. As of December 28, 2024, approximately $37M remained available under the current repurchase program. The expansion of this program is consistent with Sanmina’s capital allocation priorities.