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Fortinet approves buyback of up to $200M shares(Associated Press Via Acquire Media NewsEdge) SUNNYVALE, Calif. (AP) — Fortinet's board has approved its first repurchase program, which is for up to $200 million of its common stock. The buybacks can be made through Dec. 31, 2014, the network security provider said Monday. Fortinet Inc. is based in Sunnyvale, Calif. Its stock added 28 cents to $17.98 in morning trading. Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. [ Back To TMCnet.com's Homepage ] |