Tranche Update on Kulicke and Soffa Industries, Inc.'s Equity Buyback Plan announced on August 15, 2017.
August 07, 2024 at 05:08 pm EDT
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From March 31, 2024 to June 29, 2024, the company has repurchased 934,000 shares, representing 1.68% for $43.93 million. With this, the company has completed the repurchase of 21,058,293 shares, representing 33.43% for $727.11 million under the buyback announced on August 15, 2017.
Kulicke and Soffa Industries, Inc. specializes in developing semiconductor and electronics assembly solutions. It designs, develops, manufactures, and sells capital equipment, consumables and services used to assemble semiconductors and electronic devices, such as integrated circuits, power discrete, light-emitting diode (LEDs), advanced displays and sensors. The Company operates in four segments. Its Ball Bonding Equipment segment is in designs, development, manufacture, and sell of ball bonding equipment and wafer level bonding equipment. Its Wedge Bonding Equipment segment is in design, development, manufacture, and sale of wedge bonding equipment. The Company's Advanced Solutions is in design, development, manufacture, and sells advanced display, die-attach and thermocompression systems and solutions. Its aftermarket products and services segment is in the design, development, manufacture and sale of a variety of tools, spares and services for the Company's equipment.
KULICKE AND SOFFA INDUSTRIES, INC. 
