Analog Devices Reinstates Share Repurchase Program; Increases Authorization by $2 Billion
"Our goal is to continue delivering broad revenue growth and generate strong cash flow to enable us to invest in the business, grow our capital returns, and deliver shareholder value for years to come.”
ADI’s management will discuss its updated capital allocation strategy on
its regularly scheduled conference call regarding third quarter fiscal
2018 results, which will take place
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Forward Looking Statements
This press release contains forward-looking statements, which address
a variety of subjects including, for example, our statements regarding
the Company’s capital allocation strategy and expected capital returns
to shareholders, including quarterly dividends and share repurchases,
expected revenue growth, investment strategy and cash flow generation,
and other financial results and objectives. Statements that are not
historical facts, including statements about our beliefs, plans and
expectations, are forward-looking statements. Such statements are based
on our current expectations and are subject to a number of factors and
uncertainties, which could cause actual results to differ materially
from those described in the forward-looking statements. The following
important factors and uncertainties, among others, could cause actual
results to differ materially from those described in these
forward-looking statements: any faltering in global economic conditions
or the stability of credit and financial markets, erosion of consumer
confidence and declines in customer spending, unavailability of raw
materials, services, supplies or manufacturing capacity and changes in
geographic, product or customer mix. For additional information about
factors that could cause actual results to differ materially from those
described in the forward-looking statements, please refer to our filings
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Source:
Analog Devices, Inc.
Mr. Michael Lucarelli, 781-461-3282
Director
of Investor Relations
investor.relations@analog.com