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Shares of Texas Instruments (NYSE:TXN) jumped 5 percent on Friday and continue to attract attention in late afternoon hours. The company announced an increase to its quarterly dividend of 33 percent and said it added $5 billion to its stock repurchase program. Kevin March, chief financial officer, explains, “We’re focused not just on top line growth but on returning cash to stockholders. Over the last eight to nine years we have reduced our number of shares by 36 percent.”
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