other material
confidence high
sentiment positive
materiality 0.50
Silicon Labs enters $400M accelerated share repurchase with Goldman Sachs
SILICON LABORATORIES INC.
- $400M ASR agreement with Goldman Sachs; initial delivery of ~1.739M shares.
- Remaining shares expected by first fiscal quarter 2022.
- Final share count based on volume-weighted average price during trading period less discount.
- Part of previously announced share repurchase program.
- Matthews South, LLC acted as structuring adviser.