Tranche Update on KLA Corporation's Equity Buyback Plan announced on March 19, 2018.
August 06, 2021 at 04:53 pm EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 950,253 shares, representing 0.62% for $299.78 million. With this, the company has completed the repurchase of 19,535,427 shares, representing 12.5% for $2,907 million under the buyback announced on March 19, 2018.
KLA Corporation is one of the world leaders in the design, production and marketing of control and improvement procedures for semiconductor production processes. Net sales break down by family of products and services as follows:
- inspection systems (41.3%): for the detection, counting, classification and characterization of defects linked to the manufacture of silicon wafers and semiconductors;
- metrology and extreme ultraviolet lithography systems (26.6%): for the control of lithography, coating, and engraving processes;
- services (20.2%): consulting, technical assistance, installation, maintenance, etc.;
- advanced vacuum deposition and etching process tools (4.7%);
- printed circuit board, display and electronic component inspection systems (3.6%);
- other (3.6%): primarily defect analysis equipment and software.
Net sales are distributed geographically as follows: North America (12%), China (27.3%), Taiwan (23.8%), Korea (18%), Japan (8.4%), Europe and Israel (6.5%) and Asia (4%).