Emulex Board Approves $200M Share Buyback
November 11, 2013 at 16:05 PM EST
Emulex Corporation (NYSE: ELX ) today announced that the Emulex Board of Directors has approved a $200 million share repurchase program, which at current market prices represents approximately 30 percent of the Company's outstanding shares. The Company today is also announcing a cost savings program that is expected to
