Atmel Corporation Buyback
OLI recorded this information on 10/30/2013
Atmel Corporation (NASDAQ: ATML), a leader in microcontroller and touch solutions, today announced that its Board of Directors has authorized an additional $300 million allocation of funds to its existing $700 million common stock repurchase program.
Atmel is a designer, developer and supplier of microcontrollers, which are self-contained computers-on-a-chip. Co. has four operating segments: Microcontrollers, which includes Co.'s general purpose microcontroller and microprocessor families, AVR® 8-bit and 32-bit products, and ARM® based products; Nonvolatile Memories, which includes electrically erasable programmable read-only and erasable programmable read-only memory devices; Automotive, which includes devices for automotive electronics, including products using radio frequency technology; and Multi-Market and Other, which includes application specific and standard products for aerospace applications and products.
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Hold (2.35 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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