Stock Market Alert - XLNX is currently trading up 1.29% in the afterhours session after the company announced plans for a $1.5 billion dollar share buyback funded by a $900 million dollar convertible debenture deal. This new buyback is in addition to any previously announced buybacks. XLNX also announced that it plans to increase its quarterly dividend from 9 cents per share to 12 cents per share. XLNX closed at $26.34 on Monday, and currently has a market cap of $8.74 billion dollars.
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