Pressured by investors, F5 Networks announces $1B stock buyback


Network security and traffic management company F5 Networks Inc. saw its stock jump almost 7% in pre-market trading today after announcing plans to buy back $1 billion worth of its stock over the next two years. The company said the plan involves the “accelerated repurchase” of $500 million worth of its stock in fiscal 2021, …

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https://www.worldconsultinggroup.com/pressured-by-investors-f5-networks-announces-1b-stock-buyback/