secwatch.observer — SEC 8-K summary
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Issuer:     MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK:        0001325702
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0001193125-22-074635
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnachip completes $37.5M accelerated share repurchase at avg $18.51
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- Completed $37.5M repurchase of common stock via accelerated agreement with JPMorgan.
- Bought ~2 million shares at an average price of $18.51 per share.
- $37.5M remains authorized under the original $75M buyback plan.
- CEO cites MX 3.0 strategy and sustainable cash flow as value drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325702/000119312522074635/0001193125-22-074635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325702/000119312522074635/d312443d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-074635

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer