other material
confidence high
sentiment positive
materiality 0.60
Lattice Semiconductor expands stock repurchase program with new $150M authorization
LATTICE SEMICONDUCTOR CORP
- Board authorized $150M share repurchase program, valid through Dec 30, 2023.
- Additional $150M on top of prior $100M authorization from Nov 5, 2021; $40M remained as of July 2, 2022.
- CFO Sherri Luther cited 31% YoY increase in operating cash flow and seventh consecutive quarter of buybacks.
- Program allows open market and private transactions; timing depends on market conditions and regulatory factors.