California Micro Devices Authorizes 1 Million Share Repurchase Program
August 21 2008 - 4:34PM
PR Newswire (US)
MILPITAS, Calif., Aug. 21 /PRNewswire-FirstCall/ -- California
Micro Devices (NASDAQ:CAMD) today announced that its board
authorized a program to repurchase up to 1 million shares of its
outstanding common stock, the exact amount and timing of which will
be subject to market conditions, legal requirements and
management's judgment as well as other factors. The repurchase
transactions may take place in the open market or via private
negotiations. The company noted that the repurchase plan may be
modified, extended or terminated by the board of directors at any
time. About California Micro Devices Corporation California Micro
Devices Corporation is a leading supplier of application specific
analog and mixed signal semiconductor products for the mobile
handset, digital consumer electronics and personal computer
markets. Key products include protection devices for mobile
handsets, digital consumer electronics products such as digital
TVs, and personal computers as well as analog and mixed signal ICs
for mobile handset displays. Detailed corporate and product
information may be accessed at http://www.cmd.com/. DATASOURCE:
California Micro Devices CONTACT: Kevin Berry, Chief Financial
Officer of California Micro Devices, +1-408-934-3144, Web site:
http://www.cmd.com/
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