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The latest update is out from Kulicke & Soffa ( (KLIC) ).
Kulicke and Soffa Industries, Inc. has successfully completed its $800 million share repurchase program, buying back approximately 22.7 million shares. The company is now launching a new $300 million repurchase initiative, aiming to strategically acquire shares based on market conditions and available cash. With a cumulative $900 million already deployed, these moves highlight Kulicke & Soffa’s commitment to enhancing shareholder value while maintaining a robust cash position.
Learn more about KLIC stock on TipRanks’ Stock Analysis page.