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Company’s debt leverage ratio is now below the midpoint of its targeted range of 1.5x to 2.5x.
August 1, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Zebra Technologies announced the company’s Board of Directors has authorized the repurchase of up to $1 billion of shares of Zebra Technologies Corporation Common Stock. This authorization replaces the previous purchase authorization which was announced in November 2011. “We’ve made great progress on debt paydown since the Enterprise acquisition in 2014, and our debt leverage ratio is now below the midpoint of our targeted range of 1.5x to 2.5x. Our strong free cash flow profile provides us th...
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