Mentor Graphics Announces $200 Million Share Repurchase Authorization

WILSONVILLE, Ore., June 12, 2014 — (PRNewswire) —   Mentor Graphics Corporation (NASDAQ: MENT) today announced the company's Board of Directors has authorized a new three-year share repurchase program of up to $200 million.

Mentor Graphics logo.

"This new repurchase program continues the company's balanced approach to capital deployment," said Walden C. Rhines, chairman and CEO of Mentor Graphics.  "Mentor continues to do selective acquisitions, we initiated a quarterly cash dividend in March 2013 that we just recently increased, and we continue our program of share repurchases with this new authorization.  Since March 2011, Mentor has repurchased approximately $220 million of stock in the open market and declared over $30 million of cash dividends to shareholders."

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world's most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues in the last fiscal year in excess of $1.15 billion. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.

(Mentor Graphics is a registered trademark of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.)

For more information, please contact:

Joe Reinhart

Mentor Graphics

503.685.1462

joe_reinhart@mentor.com

Logo - http://photos.prnewswire.com/prnh/20140317/AQ83812LOGO

SOURCE Mentor Graphics

Contact:
Mentor Graphics
Web: http://www.mentor.com




Review Article Be the first to review this article
Featured Video
Jobs
CAD Design Specialist I for Waterpik, Inc. at Fort Collins, CO
IT Analyst III (GIS) for Orange County Sanitation District at Fountain Valley, CA
Upcoming Events
MOULDING EXPO at Messepiazza 1 70629 Stuttgart Germany - May 30 - 2, 2017
32nd International Forum on Design for Manufacture and Assembly (DFMA) at Crowne Plaza Hotel 801 Greenwich Avenue Warwick RI - Jun 6 - 7, 2017
Collier Research Composites Design Summer Training Class at 760 Pilot House Drive Newport News VA - Jun 12 - 16, 2017
2017 ESPRIT World Conference at Universal City CA - Jun 12 - 16, 2017
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise