RF COMMUNICATIONS ANNOUNCES BUY-BACK

The board of Florida based Harris Corporation, the parent company of Rochester-based RF Communications, announced on Monday that they have approved a $1 billion share repurchase authorization.
The new program is in addition to the existing program, which has an unused authorization of about $62 million. The company expects to repurchase up to $200 million in shares in fiscal 2014.
Harris generates strong cash flow and Rochester based RF Communications employs about 2,100 local workers.

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