Tranche Update on Kulicke and Soffa Industries, Inc.'s Equity Buyback Plan announced on August 15, 2017.
November 13, 2024 at 04:06 pm EST
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From June 30, 2024 to September 28, 2024, the company has repurchased 976,000 shares, representing 1.78% for $42.66 million. With this, the company has completed the repurchase of 22,034,293 shares, representing 35.22% for $769.76 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 provide 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 design, development, manufacture, and sell of ball bonding equipment and wafer level bonding equipment. Its Wedge Bonding Equipment segment is in design, development, manufacture, sale of wedge-related bonding equipment. The Advanced Solutions segment is in design, development, manufacture and sells advanced display, die-attach and thermocompression systems and solutions. Its aftermarket products and services segment is in design, development, manufacture and sale of a variety of tools, spares and services for the Company's equipment.