VIAVI SOLUTIONS INC. (VIAV)

Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance. The Network Enablement segment offers an integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in Chandler, AZ.

Address

1445 SOUTH SPECTRUM BLVD.
CHANDLER, AZ 85286

Founded

1979

Number of Employees

3,600

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$55,190 - $60,625 $90,017 $3,121 - - - - - - $52,238
Average Price $11.37 - $7.02 $9.65 $8.67 - - - - - - $9.02
# Shares Purchased 4,853,961 - 8,631,574 9,328,306 360,000 - - - - - - 5,793,460
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date -29.6% - 13.9% -17.1% -7.7% - - - - - - -11.3%
S&P 500 Return to Date 181.9% - 168.6% 129.7% 104.9% - - - - - - 146.3%
Excess Total Return -211.5% - -154.7% -146.8% -112.6% - - - - - - -157.5%
Quartile Rank
Percentile Rank 23% - 36% 30% 33% - - - - - - 34%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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