Photronics Announces $100 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., Aug. 28, 2019 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, announced that its Board of Directors has authorized the repurchase of up to $100 million of its common stock. The purchases will occur pursuant to a repurchase plan under SEC Rule 10b5-1. “With the majority of our China investment completed and both of our new facilities ramping production, we are ready to resume the share repurchase activity that was paused earlier this year,” said Peter Kirlin, chief executive officer. “We are confident in completing the production ramp, see compelling value in our equity, and believe now is the right time to initiate this action.” This authorization does not obligate the Company to repurchase any dollar amount or number of shares of common stock. The repurchase program may be suspended or discontinued at any time. About Photronics Photronics is a leading worldwide manufacturer of int
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PLAB
Earnings
- 2/21/24 - Miss
PLAB
Sec Filings
- 5/1/24 - Form SD
- 3/28/24 - Form 8-K
- 3/7/24 - Form 10-Q
- PLAB's page on the SEC website