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Sun Microsystems announces US$3 billion share repurchase authorization

Press release, May 17; Eric Mah, DIGITIMES Asia Thursday 17 May 2007 0

Sun Microsystems announced that its Board of Directors authorized the repurchase of up to US$3 billion of the company's outstanding common shares. The repurchase plan is designed to increase shareholder value and reduce the dilutive effect of Sun's...

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