Jabil increases share repurchase program to $2.5B

The board of directors has amended and increased the current share repurchase program, which has approximately $776M outstanding as of August 31 to allow repurchase of up to $2.5B in common stock. The shares will be repurchased from time-to-time using various methods, including in the open market at the Company’s discretion and subject to market conditions and other factors.