Symantec Plans New Buyback
The company can repurchase $2 billion of stock.
Symantec
(SYMC) - Get Report
said its board approved a $2 billion stock repurchase program.
Buybacks will be made in the open market or in privately negotiated transactions. Symantec has completed the $1 billion share repurchase announced in January.
Shares of Symantec were rising 1% in premarket trading Thursday.