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Illumina OKs $100M Share Buyback

Luke Timmerman 11/25/09

San Diego-based Illumina (NASDAQ: ILMN) said today that its board has authorized a program to buy back $100 million of stock. The new program is on top of a $75 million share repurchase program the company announced in August.

Luke Timmerman is the National Biotechnology Editor for Xconomy. You can e-mail him at ltimmerman@xconomy.com, call 206-624-2374, or follow him on Twitter at http://twitter.com/ldtimmerman.

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