- Connectors and sensors provider TE Connectivity Ltd’s (NYSE:TEL) board approved an additional share buyback program by $1.5 billion.
- At the end of the March quarter, TE Connectivity held $1.75 billion in cash and equivalents.
- TE shares gained 61% last year.
- Price action: TEL shares traded higher by 1.14% at $138.5 in the premarket session on the last check Friday.
Resideo Technologies To Acquire First Alert From Newell Brands For $593M Cash
Resideo Technologies Inc (NYSE:REZI) has agreed to acquire First Alert Inc, a home safety products provider, from Newell Brands Inc (NASDAQ:NWL) for…