Intersil to buy back common stock
An
Intersil product story
Edited by the Electronicstalk editorial team
Sep 17, 2004
The Intersil board of directors has authorised a programme to repurchase up to $150 million of Intersil's common stock over the next 12 months.
The Intersil board of directors has authorised a programme to repurchase up to $150 million of Intersil's common stock over the next 12 months.
The timing of the buyback and the exact number of shares purchased will depend on market conditions.
Currently, the company has approximately 146 million shares of common stock outstanding.
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