Industry News | 2008-03-15 15:52:21.0
PEMBROKE, Bermuda, March 13 /PRNewswire-FirstCall/ -- Tyco Electronics Ltd. (NYSE: TEL)(BSX: TEL) today announced that its Board of Directors has authorized an increase in the company's share repurchase program to $1.25 billion from $750 million, and also has declared a regular quarterly cash dividend of $0.14 per common share. Through the end of February, the company had utilized $512 million of the $750 million share repurchase program originally authorized in September 2007.
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