other material
confidence high
sentiment positive
materiality 0.65
Interlink Electronics authorizes stock buyback of up to 100,000 shares
INTERLINK ELECTRONICS INC
- Program to buy up to 100,000 shares from May 17, 2023 to May 15, 2024.
- Financed with existing cash balances; no material impact on capital levels expected.
- CEO Bronson cites current market valuation as not reflecting company potential.
- Approximately 6.61 million shares outstanding as of announcement.
- Repurchases subject to market conditions, Rule 10b-18, and may be suspended anytime.