WASHINGTON (dpa-AFX) - TE Connectivity Ltd. (TEL) said that its board has
authorized an increase in its share repurchase program by an additional $1.5
billion.

In addition, the company board also approved a recommendation to increase the
company's quarterly dividend from $0.59 to $0.65 per share for the four fiscal
quarters starting in April 2024, the beginning of the third fiscal quarter.

The recommendation would raise the company's dividend by 10% from the annual
rate of $2.36 per share to $2.60 per share, and will be presented for
shareholder approval at the company's annual general meeting of shareholders on
March 13, 2024.



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