Lattice Semiconductor Corporation
Lattice Semiconductor Announces $100M Share Repurchase Program
Summary
Lattice Semiconductor Corporation has authorized an additional $100 million for repurchasing its common stock through December 2025. The 2025 Repurchase Program, effective immediately, allows the company to buy back shares in open market and private transactions, aiming to maximize long-term shareholder value. This program follows the repurchase of approximately 6 million shares since 2020, reducing dilution by 4.3%. The interim CFO emphasized the company's confidence in its financial performance and strong cash flow.
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About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation is a global leader in the design and development of low power, programmable logic devices. Specializing in Field-Programmable Gate Arrays (FPGAs), Application-Specific Integrated Circuits (ASICs), and their related software solutions, Lattice serves primarily the computing, communications, industrial, and automotive markets. These programmable logic devices are integral in enhancing the performance of electronic devices while maintaining energy efficiency, a key consideration for modern electronics engineering. Lattice’s products empower developers to create cutting-edge technologies by offering flexibility and customization in chip design. With a strategic focus on fostering innovation and collaboration across industries, Lattice Semiconductor plays a critical role in propelling technological advancement, supporting edge computing, 5G infrastructure, and industrial automation. Established in 1983 and headquartered in Hillsboro, Oregon, Lattice holds a significant position in the semiconductor industry, leveraging decades of expertise to meet the continually evolving demands of electronics design and application.
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