Besi Advances Share Repurchase Under Ongoing Program
Company Announcements

Besi Advances Share Repurchase Under Ongoing Program

BE Semiconductor (GB:0XVE) has released an update.

BE Semiconductor Industries N.V. (Besi) has conducted a series of share repurchases totaling over 234,000 euros each day from July 24 to August 1, 2024, as part of a 60 million euro buyback program. The repurchase activity comes under their ongoing share repurchase program that was publicly announced on October 26, 2023, and aligns with the Market Abuse Regulation. Besi is a prominent player in semiconductor assembly equipment, catering to various markets such as electronics, automotive, and solar energy.

For further insights into GB:0XVE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyBE Semiconductor price target lowered to EUR 115 from EUR 130 at Citi
TheFlyBE Semiconductor price target lowered to EUR 110 from EUR 115 at Deutsche Bank
TipRanks European Auto-Generated NewsdeskBE Semiconductor Sees Strong Q3 Growth Amidst AI Demand
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App