other material
confidence high
sentiment positive
materiality 0.55
K&S declares $0.17 quarterly dividend, ups buyback by $400M to $800M
KULICKE & SOFFA INDUSTRIES INC
- Board declared quarterly dividend of $0.17 per share, payable April 11, 2022 to holders of record March 24, 2022.
- Share repurchase authorization increased by $400M to $800M; program extended to August 1, 2025.
- Remaining authorization of $492.2M; $24.4M deployed in Q2 FY2022 to repurchase 459.7K shares.
- Since June 2018, company has paid ~$121M in dividends; quarterly dividend increased 42% from $0.12 to $0.17.