other material
confidence high
sentiment positive
materiality 0.60
Kulicke & Soffa completes $800M buyback, launches new $300M program
KULICKE & SOFFA INDUSTRIES INC
- Completed $800M repurchase program initiated in FY2017; repurchased ~22.7M shares at avg $35.25/share.
- New $300M share repurchase program authorized; timing and amount depend on market conditions, cash availability.
- Since 2014, cumulative $900M deployed to repurchase 30.9M shares at avg $29.12/share.
- As of fiscal Q4 2024 end, K&S held $577.1M cash & short-term investments; ~54.9M weighted avg shares outstanding.