Symantec Announces New Strategy for Returning Cash to Shareholders

Symantec Announces New Strategy for Returning Cash to Shareholders

MOUNTAIN VIEW, CA — (Marketwire) — 01/23/13 — Symantec Corp. (NASDAQ: SYMC) today announced an enhanced capital allocation strategy that over time is expected to return approximately 50% of free cash flow to shareholders through a combination of dividends and share repurchases while still enabling the company to invest in its future.#SYMC offers capital allocation program, plans to initiate company-s first cash dividendThe company-s capital allocation program includes initiation of a quarter