Diodes Incorporated Buyback
OLI recorded this information on 11/5/2015
Diodes Incorporated (NASDAQ:DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets, today announced that its Board of Directors has authorized the repurchase of up to an aggregate of $100,000,000 of its outstanding common stock, $0.66 2/3 par value per share. The share repurchase program is expected to continue through the end of 2019 unless extended or shortened by the Board of Directors.
Diodes is a manufacturer and supplier of application-specific standard products. Co.'s product line includes: discrete semiconductor products, which include performance Schottky rectifiers, performance Schottky diodes, Zener diodes and performance Zener diodes; analog products, which include power management devices; standard logic products including complementary metal-oxide-semiconductor devices and analog switches; multichip products and co-packaged discrete, analog and mixed-signal silicon in miniature packages; silicon and silicon epitaxial wafers used in manufacturing these products; and Frequency Control Products, which are electronic components that provide frequency references.
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Strong Buy (3.60 out of 4)