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TE Connectivity board approves additional $1.5 billion share buyback program

TE Connectivity board approves additional $1.5 billion share buyback program
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TE Connvectivity Ltd. , a maker of sensors and connectors, said Friday its board has approved an additional $1.5 billion share buyback program. The Swiss-based company is listed on the New York Stock Exchange. Shares were not active premarket but have fallen 30% in the year to date, while the S&P 500 has fallen 23%.