other material
confidence high
sentiment neutral
materiality 0.35
Immersion extends stock repurchase program expiration to Dec 2025; $41.7M remaining
IMMERSION CORP
- Board approved extending the stock repurchase program expiration from Dec 29, 2024 to Dec 29, 2025.
- Original program authorized up to $50M in common stock repurchases; $41.7M remains available.
- Repurchases may be made via open market, private negotiations, or derivative instruments like accelerated share repurchase contracts.
- Program is discretionary and can be suspended or discontinued at any time.