The $100 million repurchase authorization is effective immediately and permits shares of the Company’s common stock to be repurchased from time to time at management’s discretion.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLED:
- OLED Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Universal Display price target lowered to $160 from $220 at BofA
- Universal Display: Strong Financial Position and OLED Demand Drive Buy Rating Despite Conservative Price Objective
- Universal Display price target lowered to $172 from $196 at Goldman Sachs