InterDigital increases tender offer price range to $65.25-$75.00 per share for $200M buyback

InterDigital, Inc.

Amended tender offer price range from $60-$69 to $65.25-$75 per share.
Tender offer remains for up to $200M of common stock; expires Feb 17, 2023 at 11:59 PM ET.
Closing price on Feb 3 was $71.29; new range exceeds that to encourage tenders.
If fully subscribed, company will repurchase between 2.67M and 3.07M shares (9-10.3% of outstanding).
Directors and executive officers not tendering any shares in the offer.

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