Tranche Update on FormFactor, Inc.'s Equity Buyback Plan announced on May 24, 2022.
February 06, 2024
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From October 1, 2023 to December 31, 2023, the company has repurchased 506,300 shares, representing 0.65% for $18.6 million. With this, the company has completed the repurchase of 2,207,193 shares, representing 2.84% for $75 million under the buyback announced on May 24, 2022.
FormFactor, Inc. is a provider of essential test and measurement technologies along the full semiconductor product lifecycle from characterization, modeling, reliability, and design de-bug to qualification and production test. It provides a range of high-performance probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems to both semiconductor companies and scientific institutions. Its products provide electrical information from a variety of semiconductor and electro-optical devices and integrated circuits from early research, through development, to high-volume production. It operates in two segments: Probe Cards and the Systems. The Probe Cards segment includes sales of its probe cards and analytical probes. The Systems segment includes sales of its probe stations, thermal systems and cryogenic systems. The Company's customers include companies, universities and institutions that design or make semiconductor and semiconductor related products.
FORMFACTOR, INC. 
