On Tuesday, Shares of Sabre Corp (NASDAQ:SABR), added 4.50% and closed at $24.62 in the last trading session. The last trading range of the stock ranges between $23.46 and $24.80. The company’s Market capitalization is $7.01 Billion with the total Outstanding Shares of 280.30 Million. Sabre Corporation (SABR) recently declared that its Board of Directors has approved a share repurchase program to purchase up to an aggregate of $100 million of shares of Sabre’s common stock. The program will expire on December 31, 2016.
“With leverage near the bottom of our targeted range and expectations for continued strong growth in free cash flow, we believe the return of capital through an opportunistic share repurchase program represents an attractive opportunity to enhance long-term shareholder value,” said Rick Simonson, Sabre’s chief financial officer.
Repurchases under the program may take place in the open market or privately negotiated transactions, counting but not limited to accelerated share repurchase transactions, derivative transactions and under Rule 10b5-1 plans.
Texas Instruments Incorporated (NASDAQ:TXN), jumped 1.19% and closed at $69.83 in the last trading session. The last trading range of the stock ranges between $68.95 and $69.97. The company’s Market capitalization is $71.25 Billion with the total Outstanding Shares of 999.49 Million. Texas Instruments (TI) (TXN) recently introduced the industry’s first precision nanopower operational amplifiers (op amps). The LPV811 and LPV812 consume quiescent current as low as 320 nA and are part of a family of four new ultra-low-power op amps. With up to 60 percent lower power consumption than competitive precision op amps and offset voltage as low as 300 µV, the new family of op amps extends battery and sensor life for applications such as building automation, wired and wireless sensor nodes, and wearables.