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Juniper Networks Buyback

OLI recorded this information on 10/24/2019

Company: Juniper Networks
Buyback: JNPR buyback
$Amount Authorized: $1,900,000,000
Buyback Details: Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that its Board of Directors has approved a $1 billion stock buyback authorization increase, adding to the existing buyback authorization, which has $900 million remaining for a total of $1.9 billion. Juniper plans to enter a $200 million accelerated share repurchase program ("ASR") in Q4 2019 and intends to continue to be opportunistic with its share repurchases thereafter.

Juniper Networks designs, develops, and sells products and services for networks. Co.'s network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations, and software-defined networking technologies. In addition to its products, Co. provides its customers a variety of services, including maintenance and support, other services, Software-as-a-Service, and education and training programs. Co.'s product families and service offerings include: routing products, such as ACX Series, MX Series, PTX Series, Paragon Pathfinder and Session Smart Routers; switching products; security products; and services.

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Company Name:  Juniper Networks Inc
Stock buyback:  JNPR buyback
Website:  www.juniper.net
Sector:  Manufacturing
Number of ETFs Holding JNPR:  104
Total Market Value Held by ETFs:  $2.29B
Total Market Capitalization:  $11.38B
% of Market Cap. Held by ETFs:  20.15%
 

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April 26, 2024    2:28 PM Eastern
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Hold (2.20 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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