SanDisk Gets Approval for Stock Buyback Plan Wikipedia / Sandisk
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SanDisk Gets Approval for Stock Buyback Plan

US regulators have given SanDisk the green light to repurchase up to $15.5 billion of its outstanding shares, marking 8.6% of its total outstanding stock.

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SanDisk has gained approval from US regulators to initiate a stock buyback program valued at up to $15.5 billion. This approval now clears the path for the company to repurchase a significant amount of its outstanding shares.