other material
confidence high
sentiment positive
materiality 0.60
InterDigital completes $200M Dutch auction tender offer, repurchases 2.74M shares at $73.00 each
InterDigital, Inc.
- Accepted 2,739,726 shares at $73.00 per share, aggregate cost ~$200M.
- Repurchased shares represent ~9.2% of shares outstanding as of Feb 17, 2023.
- Final proration factor approximately 95.80%.
- Tender offer expired Feb 17, 2023; payment to be issued promptly.