secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001193125-22-158495
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital increases stock buyback authorization by $100M to $800M total
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- Board authorized $100M increase to existing repurchase program, total authorization now $800M.
- Program history: $300M in June 2014, raised to $400M (2015), $500M (2017), $600M (2018), $700M (2019).
- Repurchases may occur in open market or privately; no expiration date specified.
- Signal of capital allocation confidence; shares may benefit from reduced float.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000119312522158495/0001193125-22-158495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000119312522158495/d341132d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-158495

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