other
confidence high
sentiment positive
materiality 0.65
FormFactor announces $75M stock repurchase authorization
FORMFACTOR INC
- Board authorized $75M common stock repurchase program, expiring May 20, 2024.
- New program adds to remaining balance under existing Oct 2020 authorization (expires Oct 28, 2022).
- Repurchases may be made in open market or privately negotiated, subject to market conditions.
- Primary purpose is to offset dilution from stock-based compensation.