other
confidence high
sentiment positive
materiality 0.55
Lattice Semiconductor board authorizes $250M share repurchase program through Dec 2024
LATTICE SEMICONDUCTOR CORP
- Board authorized additional $250M for share repurchases through December 2024.
- In Q4 2023, company repurchased $50M (~900k shares) of common stock.
- Since Q4 2020, total repurchases ~4.8M shares, reducing dilution by 3.4%.
- CFO Sherri Luther cites financial strength and confidence in long-term model.
- Program effective immediately; purchases subject to market conditions and regulatory compliance.