SHARE REPURCHASES

6 Months Ended

Sep. 28, 2012

SHARE REPURCHASES

SHARE REPURCHASES

12.  SHARE REPURCHASES

The Company’s Board of Directors, on September 13, 2012, authorized the repurchase of up to 10% of the Company’s outstanding ordinary shares which was approved by the Company’s shareholders at the 2012 Extraordinary General Meeting held on August 30, 2012. 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 2012 Extraordinary General Meeting.  No share repurchases were made under this repurchase plan during the three-month period ended September 28, 2012.

During the first fiscal quarter of 2013, the Company repurchased the entire remaining amount under the plan that was approved by the Company’s Board of Directors on December 7, 2011, or approximately 20.4 million shares for an aggregate purchase price of approximately $134.0 million, and retired all of these shares.