Texas Instruments shows off its cash strength with stock buybacks, dividend boost

Texas Instruments (Nasdaq: TXN), in a display of its healthy cash flow, made a couple of significant moves with its dividend and share repurchases that are making investors happy.The semiconductor company will raise its quarterly cash dividend by 24 percent to 77 cents, TI said in a statement Thursday. Its board also gave the green light for an additional $12 billion worth of stock purchases over time. That’s separate from the roughly $7.4 billion in repurchases authorized in Jun