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
Aldec

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, California
Director, Business Development for Kongsberg Geospatial at remote from home, Any State in the USA
Director, Business Development for Kongsberg Geospatial at Ottawa, Canada
Upcoming Events
IPC Technical Education - PCB Layout - Place and Route at Del Mar Fairgrounds 2260 Jimmy Durante Blvd. Del Mar CA - May 2, 2018
IPC Technical Education at Wisconsin Center 400 W Wisconsin Ave. Milwaukee WI - May 8, 2018
IPC High Reliability Forum at Embassy Suites: Baltimore-At BWI Airport 1300 Concourse Drive Linthicum MD - May 15 - 17, 2018
DownStream: Solutions for Post Processing PCB Designs
TrueCircuits: IoTPLL
DAC2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise