Rambus Initiates Accelerated Share Repurchase Program
Rambus, Inc. (RMBS)
Last rambus, inc. earnings: 1/27 04:05 pm
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Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Royal Bank of Canada, through its agent RBC Capital Markets, LLC (“Dealer”) to repurchase an aggregate of approximately $50 million of its common stock.“As part of our ongoing capital allocation strategy and commitment to increasing stockholder value, this share repurchase program reflects the strength of our balance sheet and cash generation, and demonstrates our continued confidence in the long-term growth of the company,” said Luc Seraphin, president and chief executive officer at Rambus.Under the accelerated share repurchase program, Rambus will pre-pay $50 million to Dealer and receive an initial delivery of approximately 675,000 shares of its common stock within the first week of the program. The final number of shares to be repurchased will be determined based on the
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News
- Rambus Inc. (NASDAQ:RMBS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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- Rambus Expands Chipset for Advanced Data Center Memory Modules with DDR5 Server PMICs [Yahoo! Finance]Yahoo! Finance
- Rambus Reports First Quarter 2024 Financial ResultsBusiness Wire
- Rambus Expands Chipset for Advanced Data Center Memory Modules with DDR5 Server PMICsBusiness Wire
RMBS
Earnings
- 4/29/24 - Miss
RMBS
Sec Filings
- 5/2/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/26/24 - Form 8-K
- RMBS's page on the SEC website