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

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



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 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 Policy