Tyco International Announces New $1 Billion Share Repurchase Program
SCHAFFHAUSEN, Switzerland, Sept. 8 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) announced today that its Board of Directors authorized a new program to purchase up to $1 billion of the company's common stock. The company expects to repurchase shares from time to time based on market conditions.
ABOUT TYCO INTERNATIONAL
Tyco International Ltd. (NYSE: TYC) is a diversified, global company that provides vital products and services to customers around the world. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco had 2009 revenue of more than $17 billion and has more than 100,000 employees worldwide. More information on Tyco can be found at www.tyco.com.
SOURCE Tyco International Ltd.
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