Tranche Update on Skyworks Solutions, Inc.'s Equity Buyback Plan announced on January 28, 2021.
November 23, 2022 at 06:05 am EST
Share
From July 2, 2022 to September 30, 2022, the company has repurchased 798,051 shares, representing 0.5% for $80.58 million. With this, the company has completed the repurchase of 6,505,725 shares, representing 3.97% for $887.44 million under the buyback announced on January 28, 2021.
Skyworks Solutions, Inc. specializes in the development, sales and marketing of high-performance, mixed signal semi-conductors. The products are designed for use in the following sectors: consumer electronics, IT, mobile communication systems and network infrastructures. They also provide solutions for automotive, RFID, industrial, medical, military and aerospatial applications to name but a few. The group offers amplifiers, attenuators, detectors, diodes, directional couplers, modules, radio frequency subsystems, isolators, modulators, optocouplers, optoisolators, phase shifters, switches and multiplexers, solutions for food management, etc.
At the end of September 2023, Skyworks Solutions, Inc. had 6 manufacturing sites located in the United States (2), Mexico (2), Japan and Singapore.
Net sales are distributed geographically as follows: the United States (75.5%), China (7.5%), Taiwan (7.2%), South Korea (4.2%), Asia/Pacific (1.3%) and Europe/Middle East/Africa (4.3%).