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DALLAS
(Feb. 19, 2004) – The Board of Directors of Texas Instruments Incorporated
(TI) (NYSE: TXN) today approved the repurchase of up to 21 million additional
shares of the company’s common stock. The repurchases are intended
to neutralize the potential dilutive effect of shares expected to be issued
upon the exercise of stock options under the company's stock option and
employee stock purchase plans.
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Texas Instruments
Incorporated provides innovative DSP and Analog technologies to meet our
customers’ real world signal processing requirements. In addition
to Semiconductor, the company’s businesses include Sensors &
Controls and Education Technology. TI is headquartered
in Dallas, Texas, and has manufacturing, design or sales operations in
more than 25 countries.
Texas Instruments
is traded on the New York Stock Exchange under the symbol TXN. More information
is located on the World Wide Web at www.ti.com.
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