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:

(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


Logo -

SOURCE Mentor Graphics

Mentor Graphics

Review Article Be the first to review this article
Autodesk - DelCAM

Featured Video
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Apple Adding To Computer Product Line Minus Ports
Currently No Featured Jobs
Upcoming Events
3D Collaboration & Interoperability Congress at 1310 Washington Ave. Golden CO - Oct 25 - 26, 2016
Electric&Hybrid Aerospace Technology Symposium 2016 at Conference Centre East. Koelnmesse (East Entrance) Messeplatz 1 Cologne Germany - Nov 9 - 10, 2016
Autodesk University Las Vegas at Las Vegas NV - Nov 15 - 17, 2016
TurboCAD pro : Start at $299

Internet Business Systems © 2016 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