Photronics Announces $20 Million Share Repurchase Program
Photronics, Inc. (PLAB)
Last photronics, inc. earnings: 3/4 06:00 am
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US:NASDAQ Investor Relations:
investor.shareholder.com/photronics/index.cfm
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Source: GlobeNewswire
BROOKFIELD, Conn., July 06, 2018 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, announced that its Board of Directors has authorized the repurchase of up to $20 million of its common stock. The purchases will occur in open market transactions from time to time depending on market conditions or in accordance with a repurchase plan under SEC Rule 10b5-1. “We are pleased that our strong cash flow and balance sheet enable us to begin to return cash to our shareholders,” said Peter Kirlin, chief executive officer. “Our growing confidence in the successful execution of our long-term growth strategy, including our China projects, and the sustainable ability to generate free cash flow after our facilities are operational, positions us to initiate this program now without jeopardizing our ongoing investments.” This authorization does not obligate the Company to repurchase any d
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PLAB
Earnings
- 2/21/24 - Miss
PLAB
Sec Filings
- 3/28/24 - Form 8-K
- 3/7/24 - Form 10-Q
- 2/28/24 - Form DEF
- PLAB's page on the SEC website