Tranche Update on Juniper Networks, Inc.'s Equity Buyback Plan announced on January 30, 2018.
July 27, 2021 at 04:36 pm EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 4,200,000 shares, representing 1.28% for $110.63 million. With this, the company has completed the repurchase of 78,645,647 shares, representing 22.69% for $1,916.47 million under the buyback announced on January 30, 2018.
Juniper Networks, Inc. is one of the world's leaders in designing and marketing ultra-high-speed Internet routing equipment. The group's products are primarily intended for telecommunication service providers, government organizations, educational institutions, and research centers. The group's activity is organized around 4 families of products and services:
- networking infrastructure products: high-performance routers and broadband connection equipment;
- network switching products: Ethernet switches, data center switches, etc.;
- IT security products and solutions : firewalls, VPN systems, security housings, intrusion detectors, etc. The group also offers application acceleration solutions.
- consulting, maintenance and training services.
Net sales break down by market into enterprises (46%), service providers (33.1%) and cloud operators (20.9%).
Products are manufactured by subcontractors.
Net sales break down geographically as follows: the United States (55.1%), the Americas (4.8%), Europe/Middle East/Africa (25.3%) and Asia/Pacific (14.8%).
JUNIPER NETWORKS, INC. 
