secwatch.observer — SEC 8-K summary
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Issuer:     KULICKE & SOFFA INDUSTRIES INC (KLIC)
CIK:        0000056978
Form:       8-K
Filed at:   2024-12-02T23:59:59+00:00
Accession:  0000056978-24-000167
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kulicke & Soffa completes $800M buyback, launches new $300M program
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56978/000005697824000167/0000056978-24-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56978/000005697824000167/klic-20241202.htm
  HTML page:      https://secwatch.observer/filing/0000056978-24-000167

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer