March 08, 2012 at 10:53 AM EST
TEXT-S&P says Applied Material rtgs unchanged on share repurchase
March 8 - Standard & Poor's Ratings Services said today that its rating and outlook on Applied Materials Inc. are not affected following the company's announcement that its Board of Directors approved a share repurchase program authorizing up to $3 billion in repurchases over the next three years, ending in March 2015.
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