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SHARE REPURCHASES
3 Months Ended
Jun. 29, 2012
SHARE REPURCHASES  
SHARE REPURCHASES

11.  SHARE REPURCHASES

 

The Company’s Board of Directors, on December 7, 2011, authorized the repurchase of the remaining balance of ordinary shares outstanding which was approved by the Company’s shareholders at the 2011 Extraordinary General Meeting. Share repurchases by the Company under the share repurchase plans are subject to an aggregate limit of 10% of the Company’s ordinary shares outstanding as of the date of the 2011 Extraordinary General Meeting.  During the three-month period ended June 29, 2012, the Company repurchased approximately 20.4 million shares for an aggregate purchase price of approximately $134.0 million, and retired all of these shares.  During the three-month period ended June 29, 2012, the Company reached the maximum number of shares that can be repurchased as approved by the Company’s shareholders.  As such, no shares were available to be repurchased under the plans as of June 29, 2012.